heretiq
Contributor
I think we can mostly agree on that — semantics aside. But can we also agree that every new entrant to a competitive market starts out as economically irrelevant — just like the iPhone and iOS when it entered a market that was also effectively a duopoly presided over by Symbian OS and Linux-based devices from Motorola and others which together commanded 70+% market share? Add in BlackBerry OS and you have 90+% market capture.I appreciate your constructive approach to naming real alternatives - but do believe they lack economic relevance.
In the end, Apple's fight for their in-app purchase monopoly and Epic's and Spotify's to end it, is mostly economically driven and motivated. And so is EU regulation. We may agree on that?
iOS (and Android) growth from economic irrelevance to dominant market position was earned in that competitive environment by producing better products and services .. and the results show that competitive, free markets work and deliver extraordinary innovations.
Do you believe that dynamic can’t be replicated? That today’s inventors and entrepreneurs are less inventive? Just look around and see the extraordinary amount of technological disruption occurring in front of our eyes — driven by smart, cooperative innovators. Its tensions like we’re seeing between Apple, Epic and Spotify that provide opportunity for disruptive innovation.
Why in the world would anyone advocate replacing such a system with ad-hoc government intervention to reward cheaters and freeloaders like Epic? 🤔
Last edited: