3 ms·
It used to be said that it was impossible for a website to have a monopoly because the cost of switching is zero. I rather think that facebook's dominance has d
by oneeyedpigeon 11y ago
It used to be said that it was impossible for a website to have a monopoly because the cost of switching is zero. I rather think that facebook's dominance has disproven that rule, though; in the world of the social network, switching is actually much more difficult than we ever expected.
- johansch 11y agoGoogle was the champion for that idea, regarding their Google Search product. That is still valid - there are no (strong) network effects involved with a web search engine.