Re:FTC Sues Facebook for Illegal Monopolization
by jariel on Wednesday December 09, 2020 @06:17PM
(#25366840)
"It isn't Zuck's fault nobody else is as competitive as Facebook is.... I look at you MySpace and Twitter."
Social Networks have natural Monopolies.
Not that I believe FB is necessarily a monopoly in the economic sense, but it's not quite right to talk about 'competition' in systems that are designed to have one winner.
If there were 5 Twitters for example, one of them would eventually dominate, one way or another.
Social Networks have natural Monopolies.
Not that I believe FB is necessarily a monopoly in the economic sense, but it's not quite right to talk about 'competition' in systems that are designed to have one winner.
If there were 5 Twitters for example, one of them would eventually dominate, one way or another.