> If the consumer is choosy and doesn’t like the options available then there is a market opportunity for new entrants.
And if new entrants can't enter the market because the existing monopolies make it impractical, then what?
And if new entrants can't enter the market because the existing monopolies make it impractical, then what?
>It’s an admission we’re all at the mercy of Apple until daddy government steps in.
That has always been the case when market participants become too dominant e.g.
United States v. Paramount Pictures (1948)
United States v. AT&T (1984)
United States v. Microsoft (2001)
Anti-trust regulation would have dealt with Apple, Google and co by now if the lobbying weren't so out of control compared to previous times.