Comment on Apple is ordered to face Apple Pay antitrust lawsuit
JasSmith@kbin.social 1 year agoMore than a century ago we decided that that kind of monopolistic behaviour is bad for the economy and society in general, so we made laws to ban it. You're welcome to lobby your politicians to dismantle anti-trust laws. You just won't get much support. Monopolies are quite terrible.
Earthwormjim91@lemmy.world 1 year ago
And you might have an argument if there weren’t a couple dozen different phone manufacturers.
Nobody is forced to buy an iPhone and participate in the Apple ecosystem. They’re far from the only option.
Desistance@lemmy.world 1 year ago
There are many Android phone manufacturers. But only one iPhone manufacturer. It would be no different if Microsoft started blocking other software competitors in Windows.
kirklennon@kbin.social 1 year ago
You can also just use the physical card; there are plenty of choices. Consumers want to use Apple Pay specifically though because Apple created a really compelling experience for the end user.
It's also worth pointing out that with Apple Pay, banks are forced to compete against each other for every transaction. Every card is treated exactly the same as every other card from every other bank, and they all get the same (best) user experience. Banks would prefer if their app were the default for NFC, making it more difficult to mix your use of cards from different banks.
Locking down NFC for payments is in many ways, paradoxically, pro-competition.
Kima09@lemmy.world 11 months ago
Certified Apple biggest sheep spotted. If it’s done by Apple, everything is great and perfect; just like how they don’t collect personal data without user consent. 😂 🤣
Earthwormjim91@lemmy.world 1 year ago
Windows largely does actually have a monopoly though. They make up 70% of the desktop OS market. Apple makes up less than 30% of the smartphone OS market share with Android making up over 70% across those dozens of Android OEMs.
Again, nobody is forcing anyone to buy an iPhone. There’s a plethora of competition for phones and Apple is a minority player in the market. Real hard to have an anti trust/monopoly case against a player that doesn’t even hold a majority market share.
JasSmith@kbin.social 1 year ago
Which is why Microsoft has been the target of multiple antitrust suits over the years.
iPhones command more than 50% in the US. In fact, iOS accounts for 67% of all app spending. The latter is what legislators care most about.
It should be noted that antitrust laws are broad, and don’t have any arbitrary market share requirement to trigger. Players can distort markets in many ways, directly and indirectly.
JasSmith@kbin.social 1 year ago
The existence of other options isn’t sufficient defence against anti-trust suits. There are other options to Windows, but Microsoft has been the target of multiple anti-trust suits over the years.
Earthwormjim91@lemmy.world 1 year ago
Windows had a grater than 95% market share during their biggest anti trust suit.
That’s a legitimate monopoly.
Apple is nowhere near a monopoly. There’s a plethora of competition.
JasSmith@kbin.social 11 months ago
There is no legal definition of a "legitimate monopoly." 95% or 30% or even 0%. Anti-competitive practises which distort the market and prevent consumer choice are illegal. This has nothing to do with the market share Apple holds. It is about them restricting competition.