Earlier quoted context omitted.
There’s over a hundred and twenty years of antitrust enforcement in this country. Why does HN insist on reinventing antitrust law from their own intuition about what “anti-competitive” means?
There’s over a hundred and twenty year of antitrust law that says that conduct is improper if it leads to higher prices for consumers. Why does Yale insist that antitrust can apply when prices are 0?
Facebook’s dominance is built on anti-competitive behavior
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Re: Facebook’s dominance is built on anti-competitive behavior
#32Earlier quoted context omitted.
There’s over a hundred and twenty years of antitrust enforcement in this country. Why does HN insist on reinventing antitrust law from their own intuition about what “anti-competitive” means?
There’s over a hundred and twenty year of antitrust law that says that conduct is improper if it leads to higher prices for consumers. Why does Yale insist that antitrust can apply when prices are 0?
Both platforms charge other businesses to advertise, because of the limited options businesses have to advertise they can charge high prices.
Those advertising costs get passed on to consumers in the form of higher prices on products.
Re: Facebook’s dominance is built on anti-competitive behavior
#33Earlier quoted context omitted.
There’s over a hundred and twenty years of antitrust enforcement in this country. Why does HN insist on reinventing antitrust law from their own intuition about what “anti-competitive” means?
There’s over a hundred and twenty year of antitrust law that says that conduct is improper if it leads to higher prices for consumers. Why does Yale insist that antitrust can apply when prices are 0?
We need to look beyond the "Price = 0" narrative when we're investigating things that in this new era are free.
Re: Facebook’s dominance is built on anti-competitive behavior
#34The only practice listed in the paper that could be construed as anti-competitive is acquiring other “social networks.” However, it’s a stretch to consider every website that a user can use a competitor to Facebook. It’s not like Facebook acquired a MySpace or anything. But why are acquisitions anti-competitive? Nothing forces the competitor to sell. Acquisitions prove people can compete. It’s a contradiction to say…
I'd say Instagram and WhatsApp are pretty close.
Re: Facebook’s dominance is built on anti-competitive behavior
#35The only practice listed in the paper that could be construed as anti-competitive is acquiring other “social networks.” However, it’s a stretch to consider every website that a user can use a competitor to Facebook. It’s not like Facebook acquired a MySpace or anything. But why are acquisitions anti-competitive? Nothing forces the competitor to sell. Acquisitions prove people can compete. It’s a contradiction to say…
Re: Facebook’s dominance is built on anti-competitive behavior
#36Earlier quoted context omitted.
This is dead on. Moreover, I find it a bit funny that the authors consider WhatsApp to be a social media platform, but not iMessage. Similarly, they consider YouTube to be a social media platform, but not Twitch (or any of the paid services like Netflix). If they were intellectually honest, Facebook's market share would be nowhere near what they claim.
I'm a heavy Apple user and have been for over a decade and still don't understand why iMessage exists? WhatsApp and iMessage aren't comparable.
Re: Facebook’s dominance is built on anti-competitive behavior
#37I think the very unhealthy dominance of Facebook will only start to properly recede when countries outside the USA start to block its use. This is a highly predatory company that takes away sovereignty in each nation's cyberspace and it really only makes sense for foreign countries to block it and either let their own national corporate replacements emerge (as China has done) or foster the use of open social networks…
Re: Facebook’s dominance is built on anti-competitive behavior
#38Earlier quoted context omitted.
There’s over a hundred and twenty years of antitrust enforcement in this country. Why does HN insist on reinventing antitrust law from their own intuition about what “anti-competitive” means?
There’s over a hundred and twenty year of antitrust law that says that conduct is improper if it leads to higher prices for consumers. Why does Yale insist that antitrust can apply when prices are 0?
Re: Facebook’s dominance is built on anti-competitive behavior
#39Diaspora had the idea of decentralized social networks a while ago by having interoperability between social networks. It never really took off, but I think it would be a good way of limiting 1 social network from getting too powerful.
This is a good idea and is common in other industries. The problem is that an interoperable social network effectively has an open API with no rate limit. It's tough to solve the technical side of that in a user-protecting way.
Re: Facebook’s dominance is built on anti-competitive behavior
#40Earlier quoted context omitted.
There’s over a hundred and twenty year of antitrust law that says that conduct is improper if it leads to higher prices for consumers. Why does Yale insist that antitrust can apply when prices are 0?
Price in this case is calculated by the amount of Ads you have to see, the effect on mental health because of Facebook's physiological experiments on its users, Facebook not obeying laws of smaller countries where it operates in, Facebook not paying taxes in other countries, owning Instagram - effectively the second largest competitor to Facebook is also owned by Facebook, too late to take anti discriminately actions…