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I didn't misunderstand it. They are arguing that Google and Facebook are misusing monopoly power like you said but how exactly? It's not Google's fault that nob
by mrkramer 5y ago
I didn't misunderstand it. They are arguing that Google and Facebook are misusing monopoly power like you said but how exactly? It's not Google's fault that nobody can come up with better search engine. Go use Bing and Yahoo if you like it more than Google. I know barrier to enter and compete with Google is sky high but is anybody even trying? What about Facebook is fishy? You have plenty of competitors in the social networking industry like Twitter, Snapchat, TikTok, YouTube, Telegram, Signal etc.
My point is consumers like Google and Facebook and they are not destroying competition because competitors exist.
- nabla9 5y ago> are not destroying competition because competitors exist. This is absolutist fallacy.