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Isnt that the case of network effects though ? Facebook started off in a market with Orkut, Myspace, Friendster and along came Path, Twitter, Google+. Facebook
by bilal4hmed 6y ago
Isnt that the case of network effects though ?
Facebook started off in a market with Orkut, Myspace, Friendster and along came Path, Twitter, Google+. Facebook had network effects and people gravitated towards it.
So this is basically saying network effect is bad. You cant get too popular.
- inglor_cz 6y agoThat is where mandatory interoperability could help. We do not have insular e-mail systems that cannot communicate with one another. In case of IM, interoperability would go a long way towards reducing dominance of Facebook.
- jb1991 6y agoYes, it’s network effects. One company with a large accepted network acquires another company with a large accepted network to avoid competing with it, and creating an even larger behemoth with services that will dominate both arms of that industry.