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I think a better question is: what’s Meta’s future in Europe? Meta occupies a lot of social media slots that could be filled by European companies. I think both
by matthewdgreen 1y ago
I think a better question is: what’s Meta’s future in Europe? Meta occupies a lot of social media slots that could be filled by European companies. I think both China and Russia have proven that if you suppress foreign competition it’s relatively easy to build those alternatives: it’s not a challenging technical problem like it was a decade ago, it’s just a question of network effects. And a Meta that aligns itself tightly with the US government might give Europe the excuse it needs to start that suppression. 450+m users is a lot of customers, and even if you can survive it you end up with more competition for the rest of the addressable market.