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efaref | 3 years ago

The real word here is "monopolisation".

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arcticbull|3 years ago

A monopoly would require they control the entire market for a given product or service. Apple isn't a monopoly in any area - but they are a strong competitor in many areas. They're more like a western take on a chaebol [1] in my opinion.

[1] https://en.wikipedia.org/wiki/Chaebol

lr1970|3 years ago

> Apple isn't a monopoly in any area - but they are a strong competitor in many areas.

New term: "Vertical Monopoly"