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What about Facebook, which not only has 1 billion users, but owns WhatsApp and Instagram, 2 of their largest competitors. In terms of dollars, given most other
by bsbechtel 11y ago
What about Facebook, which not only has 1 billion users, but owns WhatsApp and Instagram, 2 of their largest competitors. In terms of dollars, given most other social networks aren't really monetizing yet, I'm guessing Facebook's market share would be >90%.
- Ensorceled 11y agoYes, but being a monopoly isn't, by itself, bad. You have to be abusing that monopoly to harm consumers. Not saying that Facebook isn't harming consumers, just that that harm isn't necessarily related to their monopoly position.
- LLWM 11y agoTwitter and Linkedin are huge competitors.
- throwawaykf05 11y agoTwitter maybe, but LinkedIn really isn't, unless you define the market to be "connecting anybody with anybody else on the Internet".
- spacemanmatt 11y agoThe market is selling ads. I thought that was pretty plain.
- throwawaykf05 11y agoYou should look into LinkedIn's revenue sources. Ads are actually a smaller part of the pie.