Live data from Hacker News

Facebook’s dominance is built on anti-competitive behavior

insights.som.yale.edu

231–236 of 236 posts

Re: Facebook’s dominance is built on anti-competitive behavior

#231

Earlier quoted context omitted.

Sweets are heavily regulated?

Alcohol, gambling and the like are heavily regulated.

Yes and because it’s heavily regulated in the case of alcohol and because the government is so effective, it’s impossible for people under 21 to get alcohol.

Re: Facebook’s dominance is built on anti-competitive behavior

#232

Earlier quoted context omitted.

You mean like they stopped Sprint and T-Mobile?

Like they should have in my opinion, yes. According to Wikipedia[0], """On August 4, 2014, Bloomberg reported that Sprint had abandoned its bid to acquire T-Mobile, considering the unlikelihood that such a deal would be approved by the U.S. government and its regulators""", that is, the government effectively banned it, but Sprint pulled out ahead of time saving everyone time and money. They recently approved it -- a…

Sprint has been losing money and users for over a decade. Their chief backer was tired of pouring money into it. The alternative wasn’t four major carriers or three major carriers after a merger. The alternative was three carriers, one out of business and the other three buying the spectrum.

Re: Facebook’s dominance is built on anti-competitive behavior

#233

Earlier quoted context omitted.

If they hadn’t run out of money first. Also advertisers don’t want to deal with every mom and pop website. If they did, you wouldn’t have the pervasiveness of as networks. What are the chances that they could have grown organically? Do you really want the government to tell founders that they couldn’t accept Facebook’s $1 billion dollars? Would you want the government telling you who you couldn’t sell your property t…

Instagram is now worth something like 100 billion dollars. If FB was offering them 1 billion, I am sure that there would have been many investors willing to out some money into it.

Instagram is worth 100 billion because Facebook leveraged its advertising network and integrated it heavily with FB proper.

Re: Facebook’s dominance is built on anti-competitive behavior

#234

Earlier quoted context omitted.

AFAIK invitations to Mary Kay and Tupperware parties are not lies. Your friend actually does want you to go.

I remember way back in the day my parents were invited to a “dinner party”. It wasn’t until they got their that they found out that it was a pitch to some MLM scheme like Mary Kay.

If your parents got to the "dinner party" and found that their friends hadn't actually invited them, but that the invitation was sent by the Mary Kay company without your parents' friends' knowledge, then I retract my claim. But I suspect it was your parents' friends being misleading on a small scale rather than a company lying on a large scale.

Re: Facebook’s dominance is built on anti-competitive behavior

#235

Earlier quoted context omitted.

We don’t have to choose between Ayn Rand and George Orwell here. There are plenty of things FB can do to regulate the flow of information. A couple basic ideas are to apply the libel standard and to ensure the news feed isn’t full of hyperbolic echo chamber garbage. Stuff mainstream media outlets have been doing for decades, and has been effective. I feel like you’re not discussing in good faith; please try and be sy…

Would you like every platform that allows users to post comment to be held liable for the content the user posts - including HN?

Again, no one's talking about holding platforms liable or establishing "Ministries of Truth". Maybe take it down a notch?

What I would like is for Facebook to gatekeep "news" posted on its platform. Traditional media does this, it's called "the editorial process" and is--while not perfect--super effective. I'm not saying you can't post life updates or hot takes, but I am saying they shouldn't be mixed with news that's been through the editorial process and held to journalistic standards by professionals.

I would also like people who run ads libeling people to be subject to civil lawsuits, and for that Facebook would need PII for people who run advertisements. I don't know if they already have it; if they do great. They then need to make it available when a court asks for it.

Re: Facebook’s dominance is built on anti-competitive behavior

#236

Earlier quoted context omitted.

I remember way back in the day my parents were invited to a “dinner party”. It wasn’t until they got their that they found out that it was a pitch to some MLM scheme like Mary Kay.

If your parents got to the "dinner party" and found that their friends hadn't actually invited them, but that the invitation was sent by the Mary Kay company without your parents' friends' knowledge, then I retract my claim. But I suspect it was your parents' friends being misleading on a small scale rather than a company lying on a large scale.

The entire idea behind MLzm schemes is to con your “friends” to get them to sell your goods.
Post reply on HN