Re:Zuckerberg struggles to name a single Facebook competitor
by eesmith on Wednesday April 11, 2018 @02:29AM
(#16808548)
I don't believe your statement is complete.
Take a look at all of the companies where a court determined that the company abused its monopoly power.
Every single one of them had "a myriad of other players" in the market.
So the existence of other players doesn't mean that Facebook doesn't have market power, it doesn't mean that FB isn't a monopoly, and it doesn't mean that FB can't abuse its market power.
Take a look at all of the companies where a court determined that the company abused its monopoly power.
Every single one of them had "a myriad of other players" in the market.
So the existence of other players doesn't mean that Facebook doesn't have market power, it doesn't mean that FB isn't a monopoly, and it doesn't mean that FB can't abuse its market power.
Only a few hours ago, jwz (who blocks links from HN - fwiw, we are HN products) at https://www.dnalounge.com/backstage/log/2018/04/10.html wrote:
> Advertising anywhere that is not Facebook simply does not work. We keep trying and keep getting nowhere.
> We hear that from other promoters and venues, too: everyone says "Yeah we only advertise on Facebook. Nothing else does any good."
> I hate that this is the case. A lot.
This is the sort of comment you see if a company has market power, where switching to other players is not an option.