The Justice Department has announced a sweeping antitrust lawsuit against Apple, accusing the tech giant of engineering an illegal monopoly in smartphones that boxes out competitors and stifles innovation
  • mindbleach
    1·
    10 months ago

    Monopoly doesn’t mean “zero choices.” It’s market dominance that prevents fair competition.

    At its peak, Standard Oil only accounted for 85% of domestic sales. Other oil companies were plentiful. They just didn’t matter.