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Not to be confrontational, but what is Facebook’s monopoly? I don’t use it or any of their other products and I’m not missing anything. We could say monopoly of
by briandear 7y ago
Not to be confrontational, but what is Facebook’s monopoly? I don’t use it or any of their other products and I’m not missing anything. We could say monopoly of social, but then there is Twitter et al, for messaging, I have iMessage and email, for photos, I can email or iMessage them. For online advertising, there is Google and others, for offline ads, there is print and TV. I’m not getting what Facebook’s monopoly is..
- digitaltrees 7y agoThe monopoly is the social advertising platform. Analysis of whether a company is a monopoly should involve things other than market domination, for example anticompetitive behavior like buying all competitors. Even if you feel you have a choice as a consumer, the analysis of whether Facebook or any company has an economically detrimental monopoly should include their actions to stifle competition and achieve pricing power.