this post was submitted on 11 Jun 2024
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I don't understand how Apple can be a monopoly if there are other viable choices for smartphones. Are people just bitter about apple or is there some corrupt financial play behind the scenes?
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.
So Microsoft. Facebook Amazon
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.