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In the U.S. at least, grocery stores are not monopolies. Neither is Facebook. Both have competitors who can supply fungible services to the market, some of wh
by three_seagrass 6y ago
In the U.S. at least, grocery stores are not monopolies. Neither is Facebook.
Both have competitors who can supply fungible services to the market, some of which are typically very close, sometimes "just a click away".
- FeepingCreature 6y agoAgree with grocery stores, disagree with Facebook. It should be fungible, ie. required by law to expose APIs for interoperability with other social networks, but it isn't. Imagine if you needed a separate credit card per store you visited.
- nradov 6y agoBefore Visa and Mastercard became widespread, it was common for some stores to only accept their own proprietary charge cards. Even today, stores aren't legally required to accept particular cards. Some don't take American Express or Discover. Others only accept cash.
- FeepingCreature 6y agoRight but cash is this for stores. If there's a special kind of cash that's only accepted at one store, I don't know if that's legal but I feel it either isn't or at least shouldn't be.