That is a great explanation of what vertical integration is. I am not sure I see why it is inherently bad.
I guess a large vertically integrated option could make it hard for alternatives to compete. That is more of a monopoly problem than a vertical integration issue though.
I do agree with interoperability requirements though. I see nothing wrong with Apple offering a fully vertically integrated product. The issue is when I cannot run my own OS on the hardware, my own apps on their OS, or interact with hardware from other vendors.
But that’s exactly the problem. If the company is kind about it, or forced to play nice by effective regulation, there’s no issue. But if there’s no regulation and the company wants to, it tends towards monopolistic tendencies. And there’s nothing that incentivizes a company to play nice forever, in fact they’re incentivized to maximize profit. So Vertical Integration is bad without being checked.
That is a great explanation of what vertical integration is. I am not sure I see why it is inherently bad.
I guess a large vertically integrated option could make it hard for alternatives to compete. That is more of a monopoly problem than a vertical integration issue though.
I do agree with interoperability requirements though. I see nothing wrong with Apple offering a fully vertically integrated product. The issue is when I cannot run my own OS on the hardware, my own apps on their OS, or interact with hardware from other vendors.
But that’s exactly the problem. If the company is kind about it, or forced to play nice by effective regulation, there’s no issue. But if there’s no regulation and the company wants to, it tends towards monopolistic tendencies. And there’s nothing that incentivizes a company to play nice forever, in fact they’re incentivized to maximize profit. So Vertical Integration is bad without being checked.