WASHINGTON (Reuters) -Four more U.S. states on Tuesday joined the Justice Department's lawsuit against Apple Inc alleging the iPhone maker is monopolizing smartphone markets, the department said in a statement. The four states are Indiana, Massachusetts, Nevada and Washington, the Justice Department said. The lawsuit alleges that Apple uses its market power to get more money from consumers, developers, content creators, artists, publishers, small businesses and merchants.
  • frazorthEnglish
    324·
    5 months ago

    So you don’t understand what a monopoly is?

    Because you don’t have to be the only player in the overall game to be a monopoly, just simply big and powerful enough to be unaffected by the other players which fits Apples description.

      • frazorthEnglish
        15·
        5 months ago

        Precisely. This is why the EU is harder on these companies.

        When you get big enough, there are different rules to ensure that you don’t distort a market by killing competition. That is anti-trust, and that is considered a monopoly.