3 ms·
Ironically, regulation would probably make the rise of any competitor unlikely. Forcing Facebook to sell or break up its entities would have an immediate net be
by dabedee 5y ago
Ironically, regulation would probably make the rise of any competitor unlikely. Forcing Facebook to sell or break up its entities would have an immediate net benefit, since the company couldn't share all the data across the entities without breaking some GDPR rules.
- cblconfederate 5y agoWhy do people still believe that "competitors" will arise? After a sector becomes oligopoly, there's basically no way in for new players. It would require the invention of some new orthogonal technology, like what the internet did to TV, or like what battery cars (may) do.
- raxxorrax 5y agoThere is tiktok for young people, probably even more relevant for the next generation because sharing social media with your parents might not be too desirable.