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A comment on How Apple Influenced The Labels To Shut Down My Music Streaming Startup. Parent comment

Re:How Apple Influenced The Labels To Shut Down My Music Str... by jevgeni on Thursday July 23, 2015 @08:19AM (#9935201)
No. Monopoly is a form of market organization. Having a uniquely specific product doesn't make it a monopoly. If I introduce a new five-wheeled bicycle to the market, that doesn't mean I have a monopoly on the bicycle market.
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Re:How Apple Influenced The Labels To Shut Down My Music Str... by corin_ on Thursday July 23, 2015 @08:38AM (#9935277)
No, monopoly is about being the only one doing something, not about "marketing organization".

If you invent the first bicycle and nobody else makes them then you do indeed have a monopoly on the bicycle market. The difference is just that we define "bicycle" as the market, not "5-wheeled bicycle".

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Re:How Apple Influenced The Labels To Shut Down My Music Str... by jevgeni on Thursday July 23, 2015 @09:25AM (#9935522)
Monopoly, monopsony, oligopoly, etc., are all forms of market organization. This is textbook.

[Update] Here we go: https://en.wikipedia.org/wiki/Industrial_organization#Market...

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Re:How Apple Influenced The Labels To Shut Down My Music Str... by marrs on Thursday July 23, 2015 @09:08AM (#9935426)
or a pentacycle :)

https://horshamphotography.files.wordpress.com/2014/10/img_5...

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Re:How Apple Influenced The Labels To Shut Down My Music Str... by jevgeni on Thursday July 23, 2015 @09:26AM (#9935531)
This is the best thing ever.
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