Earlier quoted context omitted.
Can you stop your real-world friends from divulging your friendship to 3rd parties? Would you even presume to have any standing to do so? I think a case could be made that knowledge that belongs to A and B equally and that neither has standing to preclude the other from sharing that fact. Of course they could both mutually agree to such an arrangement ahead of time, but outside of such an agreement, I have a hard tim…
So there aren't things known between my friends and I that we wouldn't want divulged to a third-party?
FTC Sues Facebook for Illegal Monopolization
461–470 of 736 posts
Re: FTC Sues Facebook for Illegal Monopolization
#462Earlier quoted context omitted.
> 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
#463Honestly, 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…
Amazon promoting its own brands isn't much different from a supermarket offering its own brand items. Amazon promoting its own brands is completely different from a supermarket offering its own brand items. You're confusing a bazaar with a retail store; the two are nothing alike legally or economically. The supermarket pays for everything on its store shelves (except, rarely, for certain new products on a consignment…
Whoa, what? Total news to me. Source? Or do you work in this sector? This is really interesting.
Re: FTC Sues Facebook for Illegal Monopolization
#464Earlier quoted context omitted.
Amazon promoting its own brands isn't much different from a supermarket offering its own brand items. Amazon promoting its own brands is completely different from a supermarket offering its own brand items. You're confusing a bazaar with a retail store; the two are nothing alike legally or economically. The supermarket pays for everything on its store shelves (except, rarely, for certain new products on a consignment…
Not taking a stance on the main topic, but this isn’t entirely accurate. I worked at gas stations and managed a grocery store during my early days. It depended on the product. With Frito Lay and Pepsi products, they’d often times put stuff on shelves and we’d only pay for what we sold. Similarly, for certain breads and packaged pastries and other items, anything that didn’t sell by the date on the package would get c…
Suppliers often credit stores for unsold inventory if they want to maintain a relationship with the store. As most B2B transactions are paid via invoices on a net-terms basis, this may mean discounts on future orders or credits against outstanding invoices. But you're store already acquired those products.
Re: FTC Sues Facebook for Illegal Monopolization
#465Earlier quoted context omitted.
The exchanges tend to "go down for maintenance" on any big price swing.
Evidence? I've been in crypto a long time and have never experienced this. I'm not saying it's never happened, but implying it's some sort of repeating pattern is simply false.
Re: FTC Sues Facebook for Illegal Monopolization
#466Lets hope they push through with it and follow up with Google. Its about time - its ridiculous how incredibly powerful these institutions have become. Question: is there an argument not to split up these gigantic corporations?
These companies are also vulnerable to competition in a fickle market. Tik Tok has gained massive ground and is on a similar trajectory that instagram was on some years ago. For everyone's claiming that FB stifles innovation, we have an obvious counterexample happening literally before our eyes.
Re: FTC Sues Facebook for Illegal Monopolization
#467I feel like instead of pushing for the companies to separate, congress should pass laws mandating [adversarial interoperability]( https://www.eff.org/deeplinks/2019/10/adversarial-interopera... ). Then the data (including the social graph) really would belong to the users, and facebook would have to compete with multiple other “social network clients” that would rapidly emerge. Facebook would lose some monopoly profi…
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.
Re: FTC Sues Facebook for Illegal Monopolization
#468Earlier quoted context omitted.
Arguably by breaking up big tech companies, there will be more space for innovation, especially for startups.
or we could just make it much easier for people to break off and start their own business
Re: FTC Sues Facebook for Illegal Monopolization
#469> The complaint also alleges that Facebook, over many years, has imposed anticompetitive conditions on third-party software developers’ access to valuable interconnections to its platform, such as the application programming interfaces (“APIs”) that allow the developers’ apps to interface with Facebook. In particular, Facebook allegedly has made key APIs available to third-party applications only on the condition tha…
Re: FTC Sues Facebook for Illegal Monopolization
#470Earlier quoted context omitted.
or we could just make it much easier for people to break off and start their own business
The problem is if you try to monetize it, facebook or google will overnight release a 10x better version for free.