Re:Apple’s “monopsony” power, and the woman who named it
by mtgx on Wednesday January 15, 2020 @11:09AM
(#22055408)
Call it monopoly, monopsony, or neither of those.
At the end of the day it's about a company's abuse of power against users and smaller competitors, and that's what matters. If you get confused when this begins being called "monopoly" because you have a different idea of what a monopoly is, then stop calling it that.
It's about an abuse of power, pure and simple, and the bigger the company and its stranglehold on its users and developers, the more it can abuse that power. Government, the people's representatives (at least in theory), should have every right to deal with that.
At the end of the day it's about a company's abuse of power against users and smaller competitors, and that's what matters. If you get confused when this begins being called "monopoly" because you have a different idea of what a monopoly is, then stop calling it that.
It's about an abuse of power, pure and simple, and the bigger the company and its stranglehold on its users and developers, the more it can abuse that power. Government, the people's representatives (at least in theory), should have every right to deal with that.