Re:Facebook backtracks after removing Warren ads calling for...
by killjoywashere on Monday March 11, 2019 @11:05PM
(#19365025)
> Is fb actively stifling competition?
If they're suppressing the debate, then yes, they are. When it comes to political speech, the democratic governance process is definitely a competitor.
> Is there a market failure?
As long as Facebook is the go-to platform for political advertising and they use their position as the market to influence market positions, then yes, there is a failure. Imagine if the NYSE chairman picked the stock winners every day, not because he's a prophet, but because he literally decided, in advance, who's going to get to move shares today.
If they're suppressing the debate, then yes, they are. When it comes to political speech, the democratic governance process is definitely a competitor.
> Is there a market failure?
As long as Facebook is the go-to platform for political advertising and they use their position as the market to influence market positions, then yes, there is a failure. Imagine if the NYSE chairman picked the stock winners every day, not because he's a prophet, but because he literally decided, in advance, who's going to get to move shares today.