4 ms·
FB is perfect example for monopoly abuse
by known 8y ago
FB is perfect example for monopoly abuse
- sparkling 8y agoHow so?
- ericdykstra 8y agoHaving a lot of customers isn't a monopoly.
- matteuan 8y agoHaving the great majority of the customers IS a monopoly. And also trying to buy the rest is (e.g. instagram, whatsapp).
- repolfx 8y agoBut then every firm that created a new product or new product category would be immediately illegal. That's why monopolies aren't illegal, not even in the EU. They have to engage in abuse to create or maintain a monopoly. But Facebook hasn't done that. Buying your competitors is not abuse of market position, they willingly joined forces.
- Cthulhu_ 8y agoDo explain. Also, unlike e.g. Intel who got a huge fine from the EU for price deals with OEMs, Facebook didn't use dirty tricks to gain market share.
- reitanqild 8y agoLying about their capabilities and intentions when buying WhatsApp doesn't count?