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Old 02-02-2011, 09:45 PM   #26
kennyc
The Dank Side of the Moon
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Quote:
Originally Posted by Kali Yuga View Post
Uh.... Read the first line from the article you cited. A monopoly has "sufficient control over a particular product or service to determine significantly the terms on which other individuals shall have access to it."

For years, Apple specified the price (99¢ per track), the format (protected AAC), the software the tracks can be played on (iTunes), the portable devices it was compatible with (iPods), who they wanted to spotlight, and after initially cajoling the recording business, pretty much bullied them around. They've even faced anti-trust probes, over things like pushing labels to kill Amazon's "MP3 Daily Deal."



"Controlling price" is not necessarily the defining aspect of a monopoly.

That said, yes Apple has exerted strict controls over the prices of digital music in iTunes. For years they locked the (US) price in at 99¢. Currently they allow some latitude, running from 69¢ (set minimum) to $1.29 per song (set maximum).

You DO realize that I'm specifically talking about music and not ebooks, right...?
And you do realize you are completely wrong. Apple no more has a monopoly on digital music than Ford has a monopoly on cars.
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