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> Twitter/Facebook are virtual social-media monopolies People repeat this a lot which is ironic because they’re doing it on HN. Or Reddit. Or Disqus. Or innum
by xref 6y ago
> Twitter/Facebook are virtual social-media monopolies
People repeat this a lot which is ironic because they’re doing it on HN. Or Reddit. Or Disqus. Or innumerable other special interest forums.
I don’t even have an FB/Twitter account but spend plenty of time interacting online.
- inglor_cz 6y agoGenerally, to be interesting for anti-trust legislation, a company does not need to have absolute control of the market. It needs to have just enough not to worry about competition. Which is a position where Twitter/Facebook are. They tend to acquire all interesting startups that could threaten them.
- gretch 6y agoDefine “the market” though. Why is it that tik tok can not exist and suddenly become a huge phenomenon in just a few years and Facebook can do nothing about it? That to me clearly says that FB doesn’t have a monopoly unless you define the market to be so tightly focused on what they control it becomes tautological