Why just facebook? Why not Amazon, Google, JPM, Disney, etc? "Chris Hughes, a co-founder of Facebook, says the company is so big and powerful that it threatens our democracy." "threatens our democracy". I've heard this talking point so much that it has no meaning any longer. It's just another of the oft-repeated talking point created by PR firms as part of a propaganda campaign. If facebook is truly that powerful tha…
Google in particular. What makes a monopoly dangerous is when they control multiple links in the supply chain to push out competitors. If Google owns Search, Gmail, Android, Analytics, Chat, Google Fi, Google Fiber, Chrome, GPay, etc... then they are able leverage one monopoly to establish monopolies elsewhere. ...and that is ultimately what is most destructive to Competition and consumer value. All of the above coul…
You're right that Google leverages its portfolio of services to get a foothold in other ventures, but not one of those listed above is a monopoly. There are solid and well-performing alternatives/competitors to nearly all of Google's services. Their (and Facebook's) online advertising business is another story.