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I believe OP mens abusing market power to prevent competition. Although if it is or not a monopoly and an abuse of market power is dubious, but it clearly is a
by ucaetano 8y ago
I believe OP mens abusing market power to prevent competition.
Although if it is or not a monopoly and an abuse of market power is dubious, but it clearly is anti-competitive.
This is similar to Amazon shutting off Google Products from any retailers using its platform. It is anti-competitive, but the jury is out on whether it is abusing market power.
TL;DR: you can try to shut off your competitors from the market, as long as you're not abusing your market power to do so.
PS: The Hacker News definition of monopoly has nothing to do with the economics, policy and antitrust definition of monopoly.
- twodave 8y agoHow is it anticompetitive to stop sharing data you own with another business who has taken a more competitive stance against you? It’s not like Facebook is a public service that everyone is entitled to. And I say that as someone who deleted his own account long ago. I dislike Facebook for a lot of reasons but this isn’t one of them.
- ucaetano 8y agoIt is retaliation for another business competing with you. That is literally using your market power to try to reduce competition. But taking anti-competitive actions by itself isn't necessarily an issue, but it is a problem if you're deemed to have significant market power in a defined market. Essentially: if Facebook is deemed to have significant market power, this could be a problem, if it doesn't have, then it isn't a problem. Anti-trust relies heavily on the precise definition of a market (which is a subject that Hacker News comments generally ignore when crying wolf, I mean, monopoly).
- spunker540 8y agoI don't think its anti-competitive considering they don't need to provide any third party APIs at all. Plus it's not like to create a social app you absolutely need FB login or FB data. I think if your company can't make it and you're blaming FB for not giving you enough data maybe your business model was a little too dependent on Facebook in the first place.
- ucaetano 8y ago> I don't think its anti-competitive considering they don't need to provide any third party APIs at all. Removing the access of a competitor in retaliation for them competing with you, when you give it to other players is anti-competitive by definition.