So on one hand Facebook is a monopoly and something needs to be done about it.
And on the other hand, the only real competitor is Chinese so it needs to be banned.
I know my reasoning is not well thought out, but I just find it funny.
Facebook is a monopoly that buys, copies, kills competitors: antitrust committee
21–30 of 177 posts
Re: Facebook is a monopoly that buys, copies, kills competitors: antitrust committee
#22ok...so the government approves acquisitions, and then later regrets those decisions. Great way to send shockwaves through the M&A space with governing incompetence: rather than pass reasonable legislation and/or empower an existing department, just have a political theater of a committee process which selectively picks those who haven't lobbied enough _not_ to get in front of that committee.
I don't know that we should be concerned about uncertainty in the M&A space. Maybe they're too comfortable.
Re: Facebook is a monopoly that buys, copies, kills competitors: antitrust committee
#23Earlier quoted context omitted.
I like how Microsoft isn't bad anymore.
>I like how Microsoft isn't bad anymore. How is Microsoft relevant to this discussion? Just to give one trivial example of how this impacts people who don’t want to have anything to do with Facebook or its satellite entities, in my country many government agencies communicate through Instagram. As soon as I click on a graphic, or scroll their official feed, I’m forced to login to a Facebook company. How does that hap…
That seems more like a symptom of your government’s poor choices. Is it Facebook’s fault your government decided to communicate via Instagram instead of Word or PDF or HTML or dozens of other options?
Re: Facebook is a monopoly that buys, copies, kills competitors: antitrust committee
#24Re: Facebook is a monopoly that buys, copies, kills competitors: antitrust committee
#25Facebook has been unable to stop new entrants: Pinterest,
Snap, Tiktok, Twitter - All global and multi billion dollar companies, and still growing.
More to come are: Telegram, Discord, Houseparty, Clubhouse
Plus global competition from: Wechat, Weibo, Line
Social networks come and go. The space is a lot more whimsical than people think. Remember Friendster, MySpace, AIM. A new challenger will emerge every 3-5 years.
Re: Facebook is a monopoly that buys, copies, kills competitors: antitrust committee
#26Earlier quoted context omitted.
Gates is doing PR for himself. I've not seen him say anything relevant about MS in a really long time.
Gates is the richest person in the world. I assure you, he has a team of PR people dedicated to improving his image and the image of the source of his wealth (Microsoft.) The fact that this is downvoted and somehow controversial is proof of their campaign’s effectiveness...it’s how the media works, people.
> Gates is the richest person in the world.
not true for three years now
Re: Facebook is a monopoly that buys, copies, kills competitors: antitrust committee
#27Facebook platform is evil and no one doubts it at this point.
Amazon is predatory for everyone - merchants, warehouse employees, IT employees, job candidates.
Google screwed the recruitment irrevocably and what's worse every minor shop attempts to copy their processes.
Microsoft temporarily plays the nice guy.
Then we have this whole dating thing entirely owned by one media hegemon.
All together pay minuscle taxes.
...and here we are.
Re: Facebook is a monopoly that buys, copies, kills competitors: antitrust committee
#28Re: Facebook is a monopoly that buys, copies, kills competitors: antitrust committee
#29Re: Facebook is a monopoly that buys, copies, kills competitors: antitrust committee
#30Facebook has been unable to stop new entrants: Pinterest, Snap, Tiktok, Twitter - All global and multi billion dollar companies, and still growing. More to come are: Telegram, Discord, Houseparty, Clubhouse Plus global competition from: Wechat, Weibo, Line Social networks come and go. The space is a lot more whimsical than people think. Remember Friendster, MySpace, AIM. A new challenger will emerge every 3-5 years.
Facebook stole pretty much wholesale, Stories from Snap, The timeline from Twitter, and now reels is its Tiktok clone. They've recently introduced "rooms" which is its theft of Houseparty not Zoom which everyone thought.
Facebook is a horrible company which hasn't come up with and original idea in years. It now uses its "sign in with facebook" button to see which apps people are using before copying them completely and leveraging its social graph. At this point its a parasite on the web that stalls innovation.