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How the Free Market Incentivized Facebook’s Harmful Monopoly
www.cigionline.org...
And that is, indeed, what Facebook has become: not just a monopoly, but a natural monopoly. The company is, without doubt, a monopoly; it possesses dominant share in several subsectors of the consumer internet industry, be they social media, web-based text messaging or photo-sharing. That dominant share qualifies as monopoly in most major markets; in the United States, the Federal Trade Commission has, in the past, suggested that firms with more than a 50 percent market could constitute monopoly.
www.cigionline.org...
How Many Companies Does Facebook Own?
Facebook has acquired 78 companies over the past 15 years. The company’s first major purchase was made on Aug. 23, 2005, when they bought the Facebook.com domain name for $200,000, making the official switch from their original domain, Thefacebook.com.
www.titlemax.com...
originally posted by: AugustusMasonicus
a reply to: neutronflux
Facebook doesn't have a monopoly on information. Call me when they do.
The end.
originally posted by: neutronflux
I cite facts.
originally posted by: AugustusMasonicus
originally posted by: neutronflux
I cite facts.
No, you don't, you just make absolutist emotional statements with no basis in reality. Facebook does not have a monopoly on information, that is a fact.
And that is, indeed, what Facebook has become: not just a monopoly, but a natural monopoly. The company is, without doubt, a monopoly; it possesses dominant share in several subsectors of the consumer internet industry, be they social media, web-based text messaging or photo-sharing. That dominant share qualifies as monopoly in most major markets; in the United States, the Federal Trade Commission has, in the past, suggested that firms with more than a 50 percent market could constitute monopoly.
www.cigionline.org...
originally posted by: AugustusMasonicus
a reply to: neutronflux
You: "Facebook has a monopoly on information!!!!!!!!"
Me and Reality: "LOOOOOOOOL!!!!!"
If you don't want your false statements called out don't make them.
originally posted by: AugustusMasonicus
a reply to: neutronflux
You: "Facebook has a monopoly on information!!!!!!!!"
Me and Reality: "LOOOOOOOOL!!!!!"
If you don't want your false statements called out don't make them.
originally posted by: AugustusMasonicus
a reply to: neutronflux
'You're'.
Let me know when Facebook controls all the information like you claimed. Meanwhile I'll go put on a news channel and get some non-Facebook info while also reading a blog.
U.S. and States Say Facebook Illegally Crushed Competition
Regulators are accusing the company of buying up rising rivals to cement its dominance over social media.
www.nytimes.com...
originally posted by: AugustusMasonicus
a reply to: neutronflux
Uh, okay?
Doesn't change the fact that you posted a falsehood and now can't back it up. If you don't want people pointing out absurd comments don't make absurd comments like, 'Facebook controls all information'.