4 ms·
Ford is one of many car manufacturers, Facebook is a de facto monopoly when it comes to social networks.
by reinhardt 14y ago
Ford is one of many car manufacturers, Facebook is a de facto monopoly when it comes to social networks.
- jamesbritt 14y agoFacebook is a de facto monopoly when it comes to social networks. Didn't that used to be true of MySpace?
- potatolicious 14y agoThe difference is that Facebook is "threatened" by an intangible, hypothetical competitor who doesn't exist yet. Nor does the mechanism for defeating Facebook appear obvious or inevitable. Whereas Ford faces very real, present competition in a market full of extremely competent players.