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This a company that hosts and distributes GIFs. It's hard for me to see how does an acquisition of a GIF company has human rights concerns. Even the CMA's stat
by whoisjuan 5y ago
This a company that hosts and distributes GIFs. It's hard for me to see how does an acquisition of a GIF company has human rights concerns.
Even the CMA's statement is focusing solely on competition concerns.
I'm not dismissing any other potential concerns that may arise from this, but I fail to see how this isn't just a case of "FB bad so let's fuck with FB".
Someone already mentioned it here, but why didn't Google's acquisition of Tenor received similar scrutiny? Just to be clear, I'm not arguing in favor of FB or anyone.
My argument is against governments disrupting free market through unfalsifiable hypotheses of how an acquisition is gonna unwind and impact the competive landscape.
In this particular case it's clear to me that financial reasoning is needed to force the reversal of an acquisition.
- cratermoon 5y agoYou don't see how a service that literally distributes images of (among other things) people, without their express consent, has human rights concerns? Google didn't try control competition by locking down tenor.
- jfrunyon 5y agoNo, it's not a company that hosts and distributes GIFs. It's a company which has a stranglehold on a large portion of the planet's communication, as well as a stranglehold on services which are allowed to interact with that communication.