Comment by avianlyric
1 day ago
That’s a rather silly view to take. We have a phenomenon called “the first mover advantage” for a reason.
Plenty of other markets and businesses operate just fine while operating in an environment that makes protecting individual innovation functionally impossible. Just look at any related to fast fashion (not that I think the fast fashion market is a healthy phenomenon) or any commodities market. Or for that matter, most of the software industry.
The incentive for creating features should be to remain relevant and competitive. It shouldn’t be to build moats and war chests.
"plenty of other markets" have way smaller margins and are not nearly as robust an industry as software.
Are you trying suggest that Apple’s margins are so small that they need state protection? Or that Apple can’t compete if they’re not able to tightly lock down every aspect of their ecosystem?
I don't understand. Robust markets don't have large margins. Why would a regulator even want markets with enormous margin? That's usually market failure.