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This is a fascinating and unresolved question in antitrust economics, but explains why very few people in the profession think FB is a monopoly. And indeed - t
by huitzitziltzin 5y ago
This is a fascinating and unresolved question in antitrust economics, but explains why very few people in the profession think FB is a monopoly. And indeed - the FTCs failure to make a plausible market definition argument which showed why FB was a monopoly in that market is why the FTC got slapped by the judge in January of this year.
~Antitrust Economist.