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> It's much better to argue that FB is a monopoly than a natural monopoly. Many laws and public discussions related to monopolies in general, as opposed to nat
by Const-me 6y ago
> It's much better to argue that FB is a monopoly than a natural monopoly.
Many laws and public discussions related to monopolies in general, as opposed to natural monopolies, are focused on pricing. FB can argue by saying "that's not applicable because our product is free for users".
> It's not at all obvious why FB cannot instantly die like all social media companies before.
About 35% of global population use facebook at least once a month. Global population counts newborn babies, and 10-15% of adults who can't read or write.
None of the prior social media companies achieved that size of their network.