austriacus

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austriacus
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  • US lawmakers not impressed with Apple App Store changes, pressing on with bill

    austriacusaustriacus
    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.
    The US House of Representatives has a lower level of individual representation of its alleged constituents than any other comparable body in any other industrialized democracy, whether direct or limited, and has been so since 1929. This is nothing more than asserting power in order to grow power. By definition, a twin anything is not a monopoly. This isn’t the first time politicians have fabricated terms in order to frighten the ignorant and justify their violation of the takings clause. It won’t be the last.

    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.
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