Overviews of Apple Inc, Ebay and Royal Mail Essay - 9. Retrieved from https://studentshare.org/marketing/1576288-assignment
Overviews of Apple Inc, Ebay and Royal Mail Essay - 9. https://studentshare.org/marketing/1576288-assignment.
Apple Inc is one of the leading consumer electronics manufacturers in the world offering products and services related to information technology and entertainment. Apple is therefore considered to have a good monopoly in this segment of the market because it has been able to derive down the cost of purchasing the music and has allowed many consumers to purchase the music without affecting the demand and supply dynamics in the music industry.EbayEbay is a monopoly in the online auctions market with no close competitors or substitute products.
Ebay is considered as a good monopoly as it was able to derive down the cost of searching for buyers and sellers besides allowing small sellers to find effective resell market. It has therefore helped to reduce the information asymmetry in the market, however, its partnership with PayPal as the only payment processing service for settling payments between buyers and sellers is considered as a relatively unwanted move to dominate two different segments of the market through a single platform.
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