Today’s genuine story: The Facebook monopoly

by RJ Shara | Aug 19, 2021 | Startups

To the typical person, Facebook’s monopoly appears apparent. Obviousness is not an antitrust standard. Monopoly has a clear legal significance, and thus far Lina Khan’s FTC has failed to satisfy it. In a world where Facebook Blue and Instagram contend only with Snapchat, these metrics may bring Facebook Blue and Instagram combined over the 60% monopoly difficulty. The personal social media market is a different market from the home entertainment social media market (where Facebook competes with YouTube, TikTok and Pinterest, amongst others). Facebook’s social graph is so large that developers need to publish there anyhow– the scale paid for by success on Facebook Blue and Instagram enables creators to generate income from through straight offering to brands. After achieving a monopoly in personal social media and completing ably in entertainment social media and virtual truth, Facebook’s drilling continues. …