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> The FB case in US seems a bit stupid as what exactly do they have a monopoly on. I have no idea what this measures, but Googling "Facebook markert share" sho
by dataflow 5y ago
> The FB case in US seems a bit stupid as what exactly do they have a monopoly on.
I have no idea what this measures, but Googling "Facebook markert share" shows lots of results over 50%: https://gs.statcounter.com/social-media-stats https://gs.statcounter.com/social-media-stats
> An upcomer like Tiktok can upstage them and create its own space out of nowhere in a couple of years.
Is it a requirement of a monopoly that no competitor could possibly come and grab part of the market? Like as soon as one manages to do that, there's no longer a monopoly, despite the relative market shares?
Also, I'm not sure I'd see them as direct competitors per se - in some spaces yes, but not in every space. TikTok is great for people who want to post videos, but not everyone is into posting videos. (Not sure why YouTube is listed on that page either, for the same reason.)
- rndphs 5y agoI think if TikTok started as an American company and didn't have access to the FB-free Chinese market then it would have been crushed by Facebook in the American market before it could grow.
- jensensbutton 5y agoTiktok does not have access to the FB-free Chinese market.
- rndphs 5y agoYes it does. TikTok is known as Douyin in China. The company that owns TikTok is headquartered in Beijing, and Douyin was operating in China for years before TikTok was released in the west.
- jensensbutton 5y agoI'm aware of Douyin. However, TikTok and Douyin are different apps with different users. The product named TikTok did not establish itself in China first.
- actuator 5y agoI looked at the stat counter link. I am not sure what metric it is quoting but it seems incorrect. Facebook has 75% users, while Instagram has just 4%? Both are billion user apps. Also, unlike someone using an iOS phone or Android phone the same people are on several different apps. So how is it counting the users to be exclusive to a particular product. Like a lot of Tiktok audience is on Instagram as well. A lot of Twitter users use Instagram as well . No product can lock you in like a platform can. I can use HN, Reddit, WhatsApp, Signal without any one product interfering my usage of the other one.