Facebook’s ‘Monopoly’ Was Always Doomed

“Facebook is still a behemoth, and it has a long way to fall before that will cease to be true (if it ever is). I’m not suggesting we start writing eulogies yet. But the U.S. (and European Union) antitrust push against Facebook and other big tech companies assumes—and often explicitly argues—that Facebook’s power is permanent and its market share irreversible. Recent developments and ancient history show that’s very obviously not the case.”
https://reason.com/2022/02/09/facebooks-monopoly-was-always-doomed/

Leave a Reply

Your email address will not be published. Required fields are marked *