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Facebook (and other SV mega corps) are monopolies, and they're growing too powerful, both in the market and in the government, for our society. Regulation will
by awakeasleep 7y ago
Facebook (and other SV mega corps) are monopolies, and they're growing too powerful, both in the market and in the government, for our society.
Regulation will be captured by Facebook to cement their monopoly position.
The only antidote to this is competition- and that means not only breaking facebook into separate companies, but also prohibiting them from buying new entrants into the market.
- sneak 7y agoIn which line of business does facebook have a monopoly? In which line of business does google have a monopoly?
- jtr1 7y agoSocial media. Search.
- gtfratteus 7y agoDo you know what a monopoly is? Google has viable competitors in Bing, DuckDuckGo, and Yahoo among others. Just because Google is more popular doesn't mean it is a monopoly. There's nothing stopping you from switching to Bing and enjoying a very similar search experience.
- jtr1 7y agoIn the UK, the definition of a monopoly is >25% market share.
- RandomInteger4 7y agoWhat are they monopolizing in social media? People? Are we going break up Facebook by telling Jim and Dan that they have to use two separate social media sites and can no longer communicate via the same social media site?