> The good or service being "mobile phones" or "mobile apps" -- e.g. the whole market they belong to.
No, it doesn't work that way. If you have pricing power on, say, iPhones -- you can raise the price and sales don't move to someone else -- you have a monopoly because price power demonstrates that whatever putative competitors exist are in a functionally separate market, not substitute products in the same market.
> Any company has "pricing power" over their own products and marketplace.
No, companies in competitive markets lose sales to competitors when they raise prices, which is exactly what pricing power means doesn't happen.
No, it doesn't work that way. If you have pricing power on, say, iPhones -- you can raise the price and sales don't move to someone else -- you have a monopoly because price power demonstrates that whatever putative competitors exist are in a functionally separate market, not substitute products in the same market.
> Any company has "pricing power" over their own products and marketplace.
No, companies in competitive markets lose sales to competitors when they raise prices, which is exactly what pricing power means doesn't happen.