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I think the real problem here is the cowardice of commerce regulators. If they did their job properly so that no one organisation had more than (say) 10 percent
by tuatoru 5y ago
I think the real problem here is the cowardice of commerce regulators. If they did their job properly so that no one organisation had more than (say) 10 percent of any market including social media advertising and search as markets, then we would not have as big a problem.
In other words, advertising is tolerable when the whole chain is thoroughly competitive.
- deleted 5y ago[deleted]
- bigfudge 5y agoWhat evidence is there for that though? It sounds to me as though it's free market dogma posing as reasonable common sense. In social media, for example, there is currently competition. Yes FB is big, but new players are entering the market and causing them to shrink precisely by making the web even more toxic and unpleasant. Perfecting this process and introducing more competition (read desperation among product managers in the losing firms) isn't something I want to witness.