Re:EU says Apple’s App Store breaks competition rules after ...
by m463 on Friday April 30, 2021 @08:05PM
(#27001305)
Right - look up:
monopoly - "A monopoly exists when a specific person or enterprise is the only supplier of a particular commodity."
and
monopsony - "The microeconomic theory of monopsony assumes a single entity to have market power over all sellers as the only purchaser of a good or service."
monopoly - "A monopoly exists when a specific person or enterprise is the only supplier of a particular commodity."
and
monopsony - "The microeconomic theory of monopsony assumes a single entity to have market power over all sellers as the only purchaser of a good or service."
https://en.wikipedia.org/wiki/Monopoly
https://en.wikipedia.org/wiki/Monopsony
basically customers can only buy apps from apple AND developers can only sell apps to apple.