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> What’s their monopoly on? Serious question. Too many people like using fb so we break them up? lolwut. Yes, basically. Or at least, they have a partial monop
by mirimir 8y ago
> What’s their monopoly on? Serious question. Too many people like using fb so we break them up? lolwut.
Yes, basically. Or at least, they have a partial monopoly on social media.
> Is fb actively stifling competition?
They've been buying competitors. That's classic monopolistic behavior to stifle competition.
> Is there a market failure?
Pretty damn close. Even Google couldn't moose its way in.
- booleandilemma 8y agoGoogle doesn’t like to actively compete though. It’s always been very quick to discontinue products, shrug its shoulders, and say “nevermind”. It would be interesting to see Google release some sort of decentralized open source social networking software connected to Google Play. Something like Android, but for social networks. I could see FB being bothered by that.
- wvenable 8y agoI'm pretty sure "partial monopoly" is an oxymoron.
- mirimir 8y agohttps://scholar.google.de/scholar?hl=de&as_sdt=0%2C5&q=partial+monopoly&btnG= https://scholar.google.de/scholar?hl=de&as_sdt=0%2C5&q=parti...
- chillacy 8y agoSnapchat? TikTok? Discord? Reddit? Facebook has a monopoly on Facebook.
- mirimir 8y agoSure, they have competitors. But there are no close equivalents with substantial market power.