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Overviews of Apple Inc, Ebay and Royal Mail - Essay Example

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The paper "Overviews of Apple Inc, Ebay and Royal Mail" discusses that Apple has developed itself into a monopoly in the digital music market through its iTunes services.  (Reuters). Through iTunes, Apple has attempted to dominate this market with no close competitors in the market. …
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Overviews of Apple Inc, Ebay and Royal Mail
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Extract of sample "Overviews of Apple Inc, Ebay and Royal Mail"

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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