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> On the other, the shape of the daily curve looks like it was supported at that level artificially. Facebook's too big to fail!
by mratzloff 14y ago
> On the other, the shape of the daily curve looks like it was supported at that level artificially.
Facebook's too big to fail!
- cookiecaper 14y agoThe prospect of that reality is frightening. Facebook is so large now that if it went away the amount of civil discontent would be a point of concern for politicians (primarily if Facebook's disappearance gets pinned on them).
- shangrila 14y agoThe flipside of that of course is that they can pass whatever draconian regulations they want in regards to the internet, so long as Facebook gets a free pass and is allowed to keep chugging along. Surprised they didn't do that already for things like SOPA.
- cookiecaper 14y agoFacebook would in practice get a free pass on things like SOPA. AFAIK SOPA left discretion up to whatever agency would have been charged with enforcement (likely ICE or SS), so reports asking for the removal of Facebook would, of course, never be allowed, but reports on any/all of FB's competitors would go through. That is one of the reasons lobbying is such an important game for conglomerates. Once you're on top, regulation is your friend; it's much cheaper to hire paper-pushers to fill out forms and submit them to the feds than it is to actively respond to and dismantle competitors. If only MySpace had gotten something like this in place a little sooner, FB would have been destroyed and MS would still be on top.