4 ms·
> If you get big enough, either you get broken up, or you have to become a regulated monopoly. Some products cannot be easily broken up without disrupting the
by throwawaysea 5y ago
> If you get big enough, either you get broken up, or you have to become a regulated monopoly.
Some products cannot be easily broken up without disrupting the actual product. For instance, Facebook could not be broken up since the value of the product is in large part due to having one significantly sized and unified user base (network effects). But these companies can't have it both ways - they can't claim that they operate in a competitive environment with few barriers for new competition while also claiming that splitting up their user base would destroy their unique product offering.
We also need to be wary of market share arguments, especially given that these companies largely operate in the Bay Area and reflects its values/political culture/etc. This is why we regularly see them enact censorship in lock-step. Even if several companies operate with less-than-majority market share, they can behave as a cartel. That's why we shouldn't treat Twitter and Facebook and Tik Tok as alternatives to each other.
A better alternative might be to simply envision and implement new regulations based on minimum user bases. If your user base is larger than X (to be defined) then you are subject to regulations. Some suggestions could be user bases larger than the [smallest or largest] state by population. A social media platform that has more influence and power than a state government seems like a reasonable target for regulation.