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Another alternative would be that Facebook will acknowledge that it gives them an advantage, but argue that that advantage is not undue. I would assume that whe
by asdfasgasdgasdg 5y ago
Another alternative would be that Facebook will acknowledge that it gives them an advantage, but argue that that advantage is not undue. I would assume that whenever a firm does a thing, it is because that thing is advantageous or else reduces some disadvantage. That is as it should be. The trouble is when the advantages stack up to create monopoly power and/or run afoul of consumer or industry protection laws.
- DaiPlusPlus 5y agoI’m disappointed that governments’ ability to reign-in misbehaving companies is predicated on them having a de-jure monopoly, as though its like magic enchantment: “naa-naa! You can’t touch me! I’m not declared a monopoly!”. I don’t see monopolies themselves as being particularly special, I think laws to restrain the holders of captive-audiences in general would be more useful and serve the public good.