A lot of companies dominate their markets but don't engage in overt anti-competitive behaviour.
I don't think they've ever been enforced to serve some political end, like punishing companies for not serving some greater democratic purpose to appease the political parties.
Of course, healthy competition & pricing is a core issue here (duh). But power, in all its forms, is also a key issue. The founding fathers were very concerned about a corporation gaining too much power and interfering with democracy [1].
In addition, Facebook is constantly engaged in anti-competitive and unacceptable behavior, including buying multiple competitors (anti-competitive) and lying about its product (the recent inflated-ad-views scandal, which was literally a scam). The antitrust case against fb is complicated by the nature of the business, but there are plenty of very good reasons for the gov to investigate fb for antitrust violations [2].
Matt Stoller has done some good writing on monopoly, so has Binyamin Appelbaum. Both of them have books worth reading.
[1]: In 1816, Thomas Jefferson, principal author of the Declaration of Independence, said he hoped to "crush in its birth the aristocracy of our monied corporations, which dare already to challenge our government to a trial of strength and bid defiance to the laws of our country." (https://www.stamfordadvocate.com/local/article/Angela-Carell...)
[2]: https://scholarship.law.berkeley.edu/cgi/viewcontent.cgi?art...
Like many of Jefferson's quotes, this one and yours are both out of context, with yours being in reference to a wealthy elite dodging taxes illegally. That context is a bit different than wanting the government breaking up a social media company because you disagree with it's methods of managing free speech.
The US sees anti-trust as necessary when consumers are negatively impacted. The EU sees anti-trust as necessary when producers are negatively impacted.
The latter is, of course, always colored by politics.
I will also note that the nature of the social network market, with its network effects, means that a large enough system with a closed API is, under those constraints, by definition anti-competitive - certainly to producers, and possibly to consumers.
This statement is interesting, considering what it implies about the purpose of existence of producers for each respective side. With this stance, US is more like "producers exist to satisfy needs of customers", while EU is "producers exist just to compete with each other".
Once basic life needs are met, optimizing for customers tends to only good for someone who is living off their savings/welfare/etc. Optimizing for employees is good if you, like the majority of the people on Earth, have to work for a living, or are supported by someone who has to work for a living.
Everybody eats food, pays taxes, pays tariffs, and benefits from the protection of the military, but 300 million people who pay marginally fewer taxes and tariffs, eat marginally cheaper food, and enjoy the defense of a marginally more effective and efficient military are often "outvoted" by geographic concentrations of tens of thousands of people who have substantial vested interests.
Given this inherent bias in democracy, I think it makes sense for policy to at least try to favor the consumer over the producer, just because producers do a good job taking care of themselves already.
That wasn't always true. The US was once fond of trust- busting.
Note: I’m not American, I’m not in the USA, but this applies to most postal services worldwide.
Why? The biggest USPS customer base (unsolicited bulk mail) got pissed.
If you saw how much spam I get via snail mail maybe you’d understand a little more.
And as mentioned elsewhere, it was broken up, and then allowed to recongeal.
>We've never had communications platforms so centralized
Oh sure you may have the option to elect a few select people at different levels but the vast majority is not subject to your whims or even large groups of people.
the reason is simple, in facebook's case and other companies which provide people a new way to assemble is that politicians do not control the message and that is intolerable to many of them. they pretty much had the news industry in their back pocket for generations but the internet blew that away when anyone could be the news.
so don't subscribe to these fear tactics that big bad companies are taking our privacy and freedom, government is just jealous because it has all that and never had to share
Also, I believe your comment is in violation of the guidelines: "Please don't post insinuations about astroturfing, shilling, brigading, foreign agents and the like. It degrades discussion and is usually mistaken." and "Don't be snarky. Comments should get more thoughtful and substantive, not less, as a topic gets more divisive."[0]