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They are going to Instagram though. Thats one of facebook smartest move. Buying all the other social media sites.

• nabla9 8y ago
  This is also one of the biggest failures of the modern antitrust law. If giants like FB can't innovate and must buy competition to survive despite all the advantages they have, something is wrong.
  • travisoneill1 8y ago
    Counterpoint: Many new innovative companies are being founded in this space and those that are successful are richly rewarded (by selling to FB). The system is working exactly how it is supposed to.
    • nabla9 8y ago
      >The system is working exactly how it is supposed to. US system is designed to be anti-markets and pro business, so you have a point. Good for startup, good for FB, bad for consumer and competition. It's still against what anti-trust law was supposed to be.
      • JohnFen 8y ago
        Also remember that in the US it's perfectly legal to be a monopoly. What is illegal is abusing your monopoly position by engaging in unfair practices (which is a rather fuzzy and hard-to-prove thing).