Finally there seems to be more widespread realization that large society-influencing corporations could be intrinsically not-such-a-good thing!
Facebook is a monopoly that buys, copies, kills competitors: antitrust committee
61–70 of 177 posts
Re: Facebook is a monopoly that buys, copies, kills competitors: antitrust committee
#62Earlier quoted context omitted.
>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.
How long until the one drink I had too many at a bar whilst dating turns into a statistically higher insurance premium. Or my church finds out about my in-progress divorce and excommunicates me.
The ability for the individual to reveal specific information on their own terms is necessary for social cohesion.
Let's not pretend we have transparency on what our information is being used for, nor are we likely to ever get it. The devil's in the details.
Re: Facebook is a monopoly that buys, copies, kills competitors: antitrust committee
#63Earlier quoted context omitted.
Look at your quote: it restricts it to "big tech" companies, and as nebulous as it sounds at-present I'd say it's quite easy to say which companies are "big".
Yeah, I read it correctly but am just now realizing I wrote "tech companies" instead of "big tech companies", my bad. So this is more a move to preven them from bullying smaller tech companies? I can see it from that angle, but it still seems to me that they want the power to block acquisitions. For instance, would the following acquisition/merger be allowed: a big tech company acquiring a small company, which the ow…
If a big company buys another one in order to close it down, not migrate its services with the sole goal of achieving market dominance (monopoly), then yes, the government should have the power to block that acquisition as the public would be worse off with one big company being the only provider of something, rather than N companies providing something. This is why we have free markets, as we want companies to compete with each other, not absorb each other.
Re: Facebook is a monopoly that buys, copies, kills competitors: antitrust committee
#64Earlier quoted context omitted.
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.
Yikes to Tinder enforced celibacy!
more like status quo ante? IOW nothing to be afraid of.
Re: Facebook is a monopoly that buys, copies, kills competitors: antitrust committee
#65Earlier quoted context omitted.
Yeah, I read it correctly but am just now realizing I wrote "tech companies" instead of "big tech companies", my bad. So this is more a move to preven them from bullying smaller tech companies? I can see it from that angle, but it still seems to me that they want the power to block acquisitions. For instance, would the following acquisition/merger be allowed: a big tech company acquiring a small company, which the ow…
If a big company buys another one in order to close it down, not migrate its services with the sole goal of achieving market dominance (monopoly), then yes, the government should have the power to block that acquisition as the public would be worse off with one big company being the only provider of something, rather than N companies providing something. This is why we have free markets, as we want companies to compe…
Yeah I understand that perspective, my question is what happens if the owner of said company wants to sell?
Re: Facebook is a monopoly that buys, copies, kills competitors: antitrust committee
#66Facebook has been trying to create a monopoly since years. Whatsapp was a messenger app but now it is a part of social media. Instagram was an image sharing app, now it is a part of social media.
Re: Facebook is a monopoly that buys, copies, kills competitors: antitrust committee
#67Earlier quoted context omitted.
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…
I would be happy about FB dying, but what is wrong with copying good interface ideas? I hate FB, but I hate making such stuff patentable/copyrightable/unreusable/uncopiable even more.
Those aren't good interface ideas those are features that alot of trial and error and research went into.
Think of it like a new drug. Theres alot of R&D poured into these things. not on the same regulatory or financial scale but work goes into that. Facebook blocks the growth of these by copying wholesale and throwing it at its database of users so they never have to leave their ecosystem.
Look at what instagram has become from photosharing app to an everything platform that has a horrible UX.
Re: Facebook is a monopoly that buys, copies, kills competitors: antitrust committee
#68Guys what would you do if given monopoly status and no regulation ? Exactly the same thing.
Re: Facebook is a monopoly that buys, copies, kills competitors: antitrust committee
#69Facebook 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.
Who'd that be? Not familiar with dating apps' company histories. I tried them but I'm experiencing much more success with old-fashioned dating. Tech hasn't disrupted dating for the majority of people, I think. [1]
[1] Because I know quite a few people that don't get any success out of it either, while they do get some success with old-fashioned dating.
Re: Facebook is a monopoly that buys, copies, kills competitors: antitrust committee
#70Facebook 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…
Insta, Snap and Tiktok (and in some ways Twitter) are all slowly converging on being almost the same identical product, FB isn't the only one cloning features.
Feels really there is a lack of true creativity and innovation across the board and they're more being driven by feature FOMO than anything else at this point.