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Competition is the heart of a free market. Twitter is a so called natural monopoly.
by Siira 5y ago
Competition is the heart of a free market. Twitter is a so called natural monopoly.
- PartiallyTyped 5y agoA monopoly of _what_ precisely? Anyone can roll their own social app. Has twitter patented the capacity to send 280 characters?
- Siira 5y agoA monopoly of its social network. Its technology is not trivial at that scale either, and makes entering the market very expensive.