Re:How Apple Cheats
by celticninja on Wednesday May 28, 2014 @12:45PM
(#7811286)
A monopoly is not always a negative, it is the behaviour of the monopolyquality determines whether it is good or bad.
I remember being taught about YKK, a monopoly producer of zips, they kept their monopoly by producing good quality cheap zips. The profit made was enough that they could stay in business but not enough that it was worth other companies expending capital to get into the market.
Monopoly is one state of the market on a spectrum in a capitalist economy, it is neither good or bad it just is.
I remember being taught about YKK, a monopoly producer of zips, they kept their monopoly by producing good quality cheap zips. The profit made was enough that they could stay in business but not enough that it was worth other companies expending capital to get into the market.
Monopoly is one state of the market on a spectrum in a capitalist economy, it is neither good or bad it just is.