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Having a monopoly is not illegal

T Bone

Nov 15, 2012, 5:40 PM
Lost in this discussion is the fact that merely having a monopoly in a particular market is not illegal....what IS illegal is leveraging your monopoly to force yourself into other markets.....and I don't think that anyone can honestly claim that Google is guilty of that....Google's services work on all platforms, they make work better on Android, but you can't reasonably expect them to just give away their best to their competitors.


Apple on the other hand.....I think only can make a strong legal case that Apple has used its monopoly on Mp3 players (and they DO have a monopoly, no question of that) to force themselves into other markets. Indeed, using the iPod to expand Apple's presence is a good one sentence summary of Apple's busines...
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remlap420

Nov 15, 2012, 5:43 PM
Agreed!!
Leave Google alone, they RULE!!
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island-guy

Nov 15, 2012, 5:58 PM
Someone needs to put this dog to sleep.....
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stevelvl

Nov 15, 2012, 6:10 PM
Actually it is illegal to have a monopoly and to leverage your market share to your advantage. The Sherman act specifically outlines it.

http://en.wikipedia.org/wiki/Sherman_Act »

BTW Apple is not a monopoly. They are a software company, which is by far smaller the Microsoft. In terms of Apple Itunes. yes they have done unfair market practices and have faced sanctions in the past as a result. the most recent was in regards to e-books.

The price of songs though was not set by apple, It was originally set by Napster. they set the .99 a song price before Itunes was even born. The reason the .99 a song was set is because that was the agreement reached by the recording industry and Napster as a result of a huge law suit.
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srich27

Nov 16, 2012, 12:16 PM
You realize you just agreed to and reiterated what TBone said, right?

Yes, it is illegal to have a monopoly AND to leverage your market share to your advantage.

It is NOT illegal to simply have a monopoly in a given market.
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insider.

Nov 18, 2012, 4:09 PM
Hi T-Bone. help me understand how Apple has a monopoly on MP3 players..... ??

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Apple on the other hand.....I think only can make a strong legal case that Apple has used its monopoly on Mp3 players (and they DO have a monopoly, no question of that) to force themselves into other markets
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srich27

Nov 19, 2012, 10:19 AM
The legal definition of "monopoly" is based on majority market share. While there are competitors to iPods, Apple retains well over 70% of the MP3 Player market, which I /think/ is the limit before one is considered a monopoly.

Apple had a monopoly on the Tablet market for a while too, though I think that may not be the case anymore.
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