What To Expect From Vietnam’s Economy In 2017There may well be a legal solution to this latest fight between Apple and Qualcomm. Since Apple first launched its CDMA-supported version of the iPhone in 2011, "Qualcomm has charged Apple a monopolistic premium for access to CDMA chipsets," the lawsuit said. We're really, in that deeper economic sense, very happy that Qualcomm is a monopolist here. Our basic economic problem is this clash of public goods and monopoly power. One side has monopoly power over something that the other absolutely must use in order to make anything at all that will do the job.

Source: Forbes January 21, 2017 18:07 UTC