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FTC Sues Facebook for Illegal Monopolization

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391–400 of 736 posts

Re: FTC Sues Facebook for Illegal Monopolization

#391
I can't help but step back and look at the trade wars between the US and China. China is gaining ground fast. US on the otherhand is turning to infighting by suing FB, Google and Amazon.

Countries win through innovation. It's hard to innovate with such distractions. China must be happy cheering on its tech companies while the US is on the sidelines. Go figure...

Re: FTC Sues Facebook for Illegal Monopolization

#392

Earlier quoted context omitted.

There's no way to provide access to the social graph in a privacy preserving way. It's not okay to allow a third party to access the data your friends have shared with you without your friends consenting. Unencumbered API access to the social graph is exactly what led to the Cambridge Analytica scandal, and promising to restrict API access was part of Facebook's settlement with the FTC.

Meanwhile in the parallel universe, in Russia, VKontakte provides full API access to anyone who clicks the button to create an API app. You only need manual review if you want access to messaging from user tokens, and that's a relatively recent change. Somehow, this hasn't turned into a privacy nightmare in more than 10 years the API was available. I'm not defending VK — it does some increasingly user-hostile stuff t…

Isn't there an app that lets you take/provide a photo of somebody's face and get their VK profile?

Re: FTC Sues Facebook for Illegal Monopolization

#393

I can't help but step back and look at the trade wars between the US and China. China is gaining ground fast. US on the otherhand is turning to infighting by suing FB, Google and Amazon. Countries win through innovation. It's hard to innovate with such distractions. China must be happy cheering on its tech companies while the US is on the sidelines. Go figure...

Arguably by breaking up big tech companies, there will be more space for innovation, especially for startups.

Re: FTC Sues Facebook for Illegal Monopolization

#394
post #305

Earlier quoted context omitted.

I'm also not a lawyer, but this sounds unconstitutional. This lawsuit sounds even more extreme than ex post facto laws, since antitrust laws haven't changed. My pet theory is that the legislature is so divided and incompetent that laws are horribly outdated. The other two branches of government need to compensate. Google v. Oracle is another example of this.

Unconstitutional? How?

Article 1, §9 specifically forbids the Congress from passing any ex post facto laws, and §10. does the same for the states. Since the FTC already gave consent the first time around, this hinges on whether the FTC as an independent agency is considered a proxy for Congress. Note that the attorney generals' separate suit does not have this concern.

Re: FTC Sues Facebook for Illegal Monopolization

#395
post #93

Earlier quoted context omitted.

VR isn't a thing, and won't be. Just like 3d TVs. Nobody outside of tech cares about it.

If you assume I'm talking about "VR" it shows you don't really have the same mental model of what they're trying to do at Oculus. They're creating a hardware/software proxy over your senses. This is the logical endpoint of computing. VR is just another transitional bridge.

And that's never going to happen.

Re: FTC Sues Facebook for Illegal Monopolization

#396

Honestly, while I have my doubts about this succeeding, it nevertheless feels like the big tech suit most likely to succeed. Amazon promoting its own brands isn't much different from a supermarket offering its own brand items. Apple isn't a monopoly in phones because of Android. And Google's search is so inherently tied to selling ads as a business model that separating them is a difficult argument -- plus search com…

If it doesn't succeed, expect more of the same from FAANG. Until we have FANG, then FAN, then FA, then just F.

Re: FTC Sues Facebook for Illegal Monopolization

#397
post #201

Earlier quoted context omitted.

I agree and find the attempt at a breakup a bit frustrating. This is an action that could have profoundly disruptive effect and it's not really clear what the positives or negatives would be. For instance, FB has invested massively in trust and safety people operations and AI. What happens to that investment when IG is spun off? Laying out laws and regulations so the market works as intended (no doubt with adjustment…

> This is an action that could have profoundly disruptive effect If FB is doing anti-competitive things than disruption is needed. It's not meant to be comfortable. Companies are really good at learning the playing field and then gaming it for their benefits. Tweaks to laws are often easy to work around. Disruption that stops an illegal monopoly is going to be uncomfortable. Especially at first. But, it opens the doo…

But the product provides real value to real people today, why disrupt this? Also weren't these companies free to not accept an acquisition?

Re: FTC Sues Facebook for Illegal Monopolization

#398
post #273

Earlier quoted context omitted.

I think the accidental straw-man is actually your reply. People give Facebook their access willingly and they know what information they input into Facebook. Should Facebook have all the info your bank has for instance? Or auto mechanic, your realtor? This is a slippery slope of logic of shared data for all leads to.

I'm sure Facebook buys all the data on you that it can, which in America is an amazing amount of information. Your auto mechanic is likely already selling what is being done to your car to CarFax, etc.

Can a consumer buy this data? I suspect I'm getting too many bushings and brake rotors but haven't kept track.

Re: FTC Sues Facebook for Illegal Monopolization

#399

Honestly, while I have my doubts about this succeeding, it nevertheless feels like the big tech suit most likely to succeed. Amazon promoting its own brands isn't much different from a supermarket offering its own brand items. Apple isn't a monopoly in phones because of Android. And Google's search is so inherently tied to selling ads as a business model that separating them is a difficult argument -- plus search com…

> But FB, IG and WhatsApp are clearly separate products, all very much monopolies in their markets What is the "market"? Things people do on their phones? What are they precisely monopolizing?

That really doesn't seem like that hard of a thing to answer. E.g. just look at Facebook: name the #2 broadly "generic" social network. Is there really any other alternative here, at all? It really was a winner take all effect here, evidenced by the fact that all their former competitors are basically dead. Same thing with Instagram - anyone remember Hipstamatic?

Re: FTC Sues Facebook for Illegal Monopolization

#400

Honestly, while I have my doubts about this succeeding, it nevertheless feels like the big tech suit most likely to succeed. Amazon promoting its own brands isn't much different from a supermarket offering its own brand items. Apple isn't a monopoly in phones because of Android. And Google's search is so inherently tied to selling ads as a business model that separating them is a difficult argument -- plus search com…

> But FB, IG and WhatsApp are clearly separate products, all very much monopolies in their markets

A lot of companies are like that, one could think that it's "easy" to split up Google Maps from Gmail and Google Calendar, or Office 360 from Azure and Windows, or Salesforce and Slack and ...

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