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The point for government to breakup anything is to prevent monopoly. NYTimes is far from a monopoly - there are tons of news site with more traffic. But there'
by volgo 9y ago
The point for government to breakup anything is to prevent monopoly.
NYTimes is far from a monopoly - there are tons of news site with more traffic. But there's no competitor that comes close to Facebook
- dvt 9y agoAnd the purpose of preventing a monopoly is, yet again, generally an economic one: to prevent price gouging or help out smaller competitors. Neither of those applies to FB.
- volgo 9y agoIt could be a monopoly on ideology too. There's a precedent for this. Back in the early days of broadcasting, NBC was broken up into NBC + ABC for having too much control of public discourse
- dvt 9y agoThis is simply not true. It was an economic argument[1]. Newer & smaller radio stations could not compete. And if anyone should be broken up for monopolizing online ad revenue, it should probably be Google (Alphabet). [1] http://scholarship.law.upenn.edu/cgi/viewcontent.cgi?article=7045&context=penn_law_review http://scholarship.law.upenn.edu/cgi/viewcontent.cgi?article...