A gaming juggernaut, the most valuable company in history, & a cheeky 1984 ad with livestream in a video game - all the makings of an Epic tech lawsuit. Part 2 of multi-part series on Antitrust.
Apple's counter lawsuit is cool. I wasn't really expecting this. It is well thought and the stance that Apple needs a cut to finance the ecosystem is kind of valid - imagine it like a CDN and you just gotta pay for the service. But yeah Apple is monopolistic and their approach is borderline unethical. I think unlike an anti-trust law, we just need bit more price regulation here. What's your opinion?
It’s hard to answer these questions until we can determine what the market is and ideally, if anything, that is the actual outcome of this lawsuit. How do you determine a market in modern Information Age? Only then can you start applying whether a certain player is monopoly or anti-competitive.
Apple's counter lawsuit is cool. I wasn't really expecting this. It is well thought and the stance that Apple needs a cut to finance the ecosystem is kind of valid - imagine it like a CDN and you just gotta pay for the service. But yeah Apple is monopolistic and their approach is borderline unethical. I think unlike an anti-trust law, we just need bit more price regulation here. What's your opinion?
It’s hard to answer these questions until we can determine what the market is and ideally, if anything, that is the actual outcome of this lawsuit. How do you determine a market in modern Information Age? Only then can you start applying whether a certain player is monopoly or anti-competitive.
Totally. that's a valid notion.