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"It isn't Zuck's fault nobody else is as competitive as Facebook is.... I look at you MySpace and Twitter." Social Networks have natural Monopolies. Not that
by jariel 6y ago
"It isn't Zuck's fault nobody else is as competitive as Facebook is.... I look at you MySpace and Twitter."
Social Networks have natural Monopolies.
Not that I believe FB is necessarily a monopoly in the economic sense, but it's not quite right to talk about 'competition' in systems that are designed to have one winner.
If there were 5 Twitters for example, one of them would eventually dominate, one way or another.