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This example highlights the whole problem with the line of thinking in this article. Absolutely nobody thinks Craigslist needs to be broken up through anti-tru
by joejerryronnie 8y ago
This example highlights the whole problem with the line of thinking in this article. Absolutely nobody thinks Craigslist needs to be broken up through anti-trust regulation. But several capable startups have failed to adaquately challenge Craigslist. Where do you draw the line between hampering competition and just meeting the consumer needs better than anyone else? The primary arguments against the tech giants hampering competition are literally speculation (with the possible exception of Amazon). You could have made the same arguments against Yahoo’s dominance in their heyday. When the paradigm of advertising supported services changes, Google and Facebook will become immediately vulnerable.