4 ms·
>closely examine a near monopoly Facebook is a near monopoly? In what? Ads? They're not even the biggest advertising company, Google is bigger. "Social media"
by oarabbus_ 5y ago
>closely examine a near monopoly
Facebook is a near monopoly? In what? Ads? They're not even the biggest advertising company, Google is bigger.
"Social media"? There's Twitter, Reddit, Snapchat, Tiktok, Tumblr, Youtube and dozens of others.
Can you clarify what you mean by "near-monopoly" in this context?
- munk-a 5y agoI'm sorry - that's the only part of my statement you're going to read? The throw away context at the beginning? I'll remove the mention of it being a near monopoly since that's really unnecessary for the main statement.
- oarabbus_ 5y agoWell yes, alleging a monopoly implies they are running afoul of anti-trust laws but the whistleblower is alleging FB made false statements to investors. The hearing does not have to do with monopolies/antitrust.
- munk-a 5y agoHrm - that's fair. I've adjusted my statement to remove any mention of monopolies.
- angelzen 5y agoNot the OP, but I think Facebook is a near monopoly in 'posting vapid selfies for likes' category via Instagram.