"You and all of your competitors are a monopoly!" Am I the only one who notices that the statement is completely nonsensical bullshit?

Facebook is an Apple competitor?

Yes actually, but not in the main things they are known for. Apple pay along with the "Facebook scrip" controversy marketting which got a backlash when really it was just an extension of the existing banking system (because of course it would have to be to be useful for the goal of moving money to and from bank accounts). Both are trying to get into an online finance market. Google Wallet too.

Probably a fringe performer but they see big enough potential to run nation wide TV ads for something with very limited adoption.

The funny thing is that it addresses the one silly/paradoxical anti-competitive use of anti-trust claiming it is monopoly for a cross competitor to introduce new competition into a market because there are multiple involved in it means it is hardly a unique situation given there are at least four tech into finace crossover attempts.

How are Netflix or Apple a monopoly?

I'm very pro antitrust and I don't think Netflix is a monopoly at all. I often wonder how they will survive all the free streaming that I love (Pluto TV, Peacock, Tubi...) that is popping up on my tv every day. We cancelled long ago and don't even miss it. They have the monopoly on making crappy low production value Hallmark Channel or Lifetime quality series and movies that I don't want to watch. I might subscribe for a month when Stranger Things comes out again and then binge it and cancel again.

I like watching actual movies and documentaries and I already have Prime, which has much more of those. Which raises a question about Amazon and antitrust...

Netflix is trying to make vertical monopoly on production and distribution. It should be split and regulated, so that production companies cannot own distribution companies. It's a PITA as a consumer that I need to subscribe to a bunch of different services because all of them have exclusive content that they are using to try to win the monopoly wars. The government should just nip the war in the bud and say that you have to choose to be a producer or a distributor, but not both, and then shows will flow out to all the streaming companies, which will have to compete on service rather than selection.

Apple has monopoly dollar share in app spending.

I think people forget they have a nasty habit of buying companies and absorbing them or dismantling them all together (not unlike Google).

https://en.m.wikipedia.org/wiki/List_of_mergers_and_acquisit...