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Re:Apple, Epic, and the App Store by CamelCaseName on Monday August 17, 2020 @07:38PM (#24193584)
This is only true of products with substitutes. The extreme example being commodities.

Pretty much any luxury brand has high product margins, but certainly not for lack of competition.

Re:Apple, Epic, and the App Store by Jommi on Tuesday August 18, 2020 @02:07AM (#24195754)
Exactly, and luxury brands are characterized by their electivity. While and appstore has formed to become something close to a virtual public good.