> iOS has a defacto 100% monopoly on devices compatible with Apple's Ax series chips
Sure, and equivalently Apple has a 100% monopoly on Apple devices. How does that make sense? One problem with anti-trust laws is that the market is not well-defined. Is the relevant market Apple phones? Smartphones above some price point? Smartphones at a price point? All smartphones? We can always pick and choose to make it seem like a company has a monopoly.
I think markets can be defined in a bunch of ways. I think the litmus test is whether a market is large - and whether people are adversely affected. Hopefully more to come here https://medium.com/@ryanpollock/
Sure, and equivalently Apple has a 100% monopoly on Apple devices. How does that make sense? One problem with anti-trust laws is that the market is not well-defined. Is the relevant market Apple phones? Smartphones above some price point? Smartphones at a price point? All smartphones? We can always pick and choose to make it seem like a company has a monopoly.