austriacus
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US lawmakers not impressed with Apple App Store changes, pressing on with bill
longpath said:urahara said:I am starting to believe that in the most cases the government only makes the situation worse. This is one of those situations. With “twin monopolies” - LOL, they have even coined a new term just to make their absurd case which hurts free market.
I agree that politicians say (often) stupid things but at least in this case I can see whee they are coming from. A monopoly is the exclusive possession or control of the supply of or trade in a commodity or service. Otherwise, it is an oligopoly. However, with Apple versus Google or iOS versus Android you really have two distinct markets which are each controlled by one player. So the term Twin Monopolies is not so stupid in my opinion.