If Facebook and Apple are Feuding, How Are they Monopolies?

If Facebook and Apple are Feuding, How Are they Monopolies?
AP Photo/Tony Avelar, File

An article in today's Wall Street Journal recapped a recent war-of-words between a European Facebook executive, Nick Clegg, and Apple CEO Tim Cook. At issue is the differing revenue models of the companies. Apple sells devices and subscription-based services. Facebook of course does not charge for the services it provides users and instead relies on advertising revenue.

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