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Luckily, there are laws against monopolies. I don't see what you mean by Facebook currently having a monopoly, because Facebook is not the only social network.
by maximus-decimus 5y ago
Luckily, there are laws against monopolies. I don't see what you mean by Facebook currently having a monopoly, because Facebook is not the only social network.
Given the fact one of their main competitors is Valve, I don't think you have to worry about them destroying their competition financially either. Facebook isn't even really competing with them, FB is going for the low end market.
- Accujack 5y agoFacebook is a de facto monopoly. The US government seems to agree, and is pursuing an anti-trust investigation against them at the moment. https://www.cnn.com/2021/10/04/tech/facebook-ftc-antitrust-dismiss/index.html https://www.cnn.com/2021/10/04/tech/facebook-ftc-antitrust-d...
- maximus-decimus 5y agoAnd the judge seems to disagree according to the article you linked. I really just don't see it. Hacker News, Reddit, 4Chan, Discord, youtube and tiktok all are social network that don't belong to Facebook. I can't see how the government will ever win that one. From my point of view Apple and Google are much more monopolies.