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Facebook is a monopoly that buys, copies, kills competitors: antitrust committee

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41–50 of 177 posts

Re: Facebook is a monopoly that buys, copies, kills competitors: antitrust committee

#41
Even if it s true, who here thinks that antimonopoly action is going to work?

Instead i think they should strike their crucial market advantage: the assumption that user-generated content is free. It should not be, in fact users should be getting paid to have their content featured. A law that would prevent the use of user-generated content for ad purposes without compensating the user would help share the wealth.

Re: Facebook is a monopoly that buys, copies, kills competitors: antitrust committee

#42
post #25

Facebook 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.

Unable, maybe. But not from lack of trying. You say social networks come and go but Facebook is still very much the largest network as it was ten years ago. Now is it because of cool innovations and better products or because of copying and stifling competitors, it's debatable.

But what makes this worse is the fact that Facebook hasn't been very vigilant about their privacy practises or political influencing on their platforms. And they haven't really suffered any repercussions from that. Which might embolden them and others to continue to do so unless something is done.

Re: Facebook is a monopoly that buys, copies, kills competitors: antitrust committee

#43

Earlier quoted context omitted.

I like how Microsoft isn't bad anymore.

> I like how Microsoft isn't bad anymore. Just wait. People love to be within top 10 richest on the planet and will do a lot to achieve it.

Are you suggesting Nadella will sacrifice the long term vision of Microsoft for personal gain?

Re: Facebook is a monopoly that buys, copies, kills competitors: antitrust committee

#44
post #25

Facebook 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 a…

It does the same thing on mobile, that's why it knows what to buy.

Re: Facebook is a monopoly that buys, copies, kills competitors: antitrust committee

#45
post #25

Facebook 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 a…

And what they can't copy, the will buy with their monopoly money: Yahoo bought Tumblr, Flickr. Google bought Android, Youtube. Apple bought beats, siri. And all do a lot of acqui-hiring which kills competition in early stage.

Re: Facebook is a monopoly that buys, copies, kills competitors: antitrust committee

#46

Earlier 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.

One of the richest. As of Oct 2020, he is second.

Re: Facebook is a monopoly that buys, copies, kills competitors: antitrust committee

#47

Earlier quoted context omitted.

I like how Microsoft isn't bad anymore.

How is this kind of juvenile behavior accepted on this forum?

The parent criticized the commonly used FAANG acronym for excluding Microsoft. That is not juvenile in my book.

There's apparently "FANGAM" to account for that omission. According to Wikipedia:

https://en.wikipedia.org/wiki/Big_Tech#FAANG

Re: Facebook is a monopoly that buys, copies, kills competitors: antitrust committee

#48
post #25

Facebook 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.

> Remember Friendster, MySpace, AIM. A new challenger will emerge every 3-5 years.

I honestly laugh whenever I hear people still bring up those early social media companies as evidence that social media heavyweights somehow come and go. None of those companies ever came near the global reach of FB. A quick Google search gives a peak user count of MySpace of between 75 and 100 million, for FB it's 2.7 billion.

Those companies basically all existed before the vast majority of people were even on any social network, and importantly none of them had real-name policies initially. And the modern challengers you give all have some specific, much smaller niche, e.g. image galleries for Pinterest. There is simply no other social network that has ever challenged Facebook in the "connect all my friends and let me give and see life's updates" space.

Re: Facebook is a monopoly that buys, copies, kills competitors: antitrust committee

#49

Facebook 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. .…

>Then we have this whole dating thing entirely owned by one media hegemon.

This scares the hell out of me that one mega conglomerate with it's algorithms has control over your procreation and deep knowledge of your sex life, all linked to your real identity.

Personally, I have no dog in this fight since I gave up on online dating and got good at IRL dating(pre-COVID) but I am aware of plenty of men willing to throw their cash and intimate data at these corporations for the hope of meeting someone.

Am I alone here to worry about this or am I just too paranoid?

If it were up to me, I would regulate the information dating apps collect to the same standards as patients' national healthcare information is handled(in the EU; I don't know about the US/UK but I heard it's not all rozy there).

Re: Facebook is a monopoly that buys, copies, kills competitors: antitrust committee

#50

Facebook 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. .…

>Then we have this whole dating thing entirely owned by one media hegemon. This scares the hell out of me that one mega conglomerate with it's algorithms has control over your procreation and deep knowledge of your sex life, all linked to your real identity. Personally, I have no dog in this fight since I gave up on online dating and got good at IRL dating(pre-COVID) but I am aware of plenty of men willing to throw t…

Wait until Tinder bans your "account" which is basically a broad fingerprint of your physical device, Google/Apple account (from the play/app store), phone number, and WiFi details. Then you can turn paranoid.
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