Re:When a customer refunds your paid app, Apple refunds its ...
by dragonwriter on Wednesday July 29, 2020 @02:09PM
(#23989794)
> Your argument here is basically that Apple charges a lot so they must be a monopoly.
You are wrong in two respects.
First, I am not taking a position o whether Apple meets the test for monopoly.
Second, the test is pricing power (the ability to raise prices without defection to competitors) not “high prices”. This is more important than how many players might be in any popular description of the market, because it is test of whether those other players are in fact competing with the player in question, or whether they are in objectively separate markets even if the usual popular description is of a single market.
> Wanting something to be true doesn't make it true
Correct, wanting “are there more players in what is typically described in the press as the market in which the actor is participating” to be the main legal test for monopoly instead of pricing power does not make it so.
You are wrong in two respects.
First, I am not taking a position o whether Apple meets the test for monopoly.
Second, the test is pricing power (the ability to raise prices without defection to competitors) not “high prices”. This is more important than how many players might be in any popular description of the market, because it is test of whether those other players are in fact competing with the player in question, or whether they are in objectively separate markets even if the usual popular description is of a single market.
> Wanting something to be true doesn't make it true
Correct, wanting “are there more players in what is typically described in the press as the market in which the actor is participating” to be the main legal test for monopoly instead of pricing power does not make it so.