Re:Apple’s “monopsony” power, and the woman who named it
by justinclift on Wednesday January 15, 2020 @09:36AM
(#22054453)
There are many stories, including recently, of Apple doing "weird things" to app developers. Such that the app is no longer carried at all, or isn't upgraded (eg rejecting new versions), etc.
Apple is the sole buyer of All App Store Products, and you cant buy those products anywhere else. Which as far as I understand it, is what the argument Monopsony is trying to make. Buying Power instead of Market Power.
Edit: After rereading the article, the start of the article also pointed out, it was the developer that set the price of the App, not Apple. Giving them the power to price their product. Even if Apple were in this "Monopsony", it isn't really evident to me how this had harmed consumer.