You might have heard there’s an anti-trust suit filed against Apple that includes accusations that it’s a monopoly. I had two reactions:
1. Am I wrong, or is only Hasbro allowed to make a board game called “Monopoly”? In other words, they have a monopoly on Monopoly, and you’d think the Justice Department would be on that in a jiffy.
2. I was unaware that the iPhone constituted a monopoly. To me, that’s when one gouty plutocrat with big white whiskers and a top hat corners the pomegranate market, and hence controls the price of that particular commodity. Yes, you have to go to Apple for an iPhone, but that’s like saying you have to McDonald’s to get a Quarter Pounder. True, but not a complete definition of the hamburger-acquisition process.
Here’s my concept of a monopoly.
“I’d like to buy a phone.”
“Very good, sir, this is the iPhone, there are no others.”
“What about the Android? The Pixel? The Samsung? That one in the AARP catalog that has buttons the size of Chiclets and one big button that says HELP and another that says KIDS?”
“We bought them, destroyed the inventory, razed the factories, salted the earth and disabled all existing models with a targeted electromagnetic pulse.”