Facebook Isn’t a Monopoly, but Something Must Still be Done
The issue of calling Facebook a monopoly, and how we could move beyond the corrupt social network.
Is Facebook a monopoly? Does it need to be regulated? What alternatives to Facebook could we create? The following is an article explaining the nature of Facebook, its consumers, and an idea for a new social networking platform.
Who are Facebook’s Consumers?
Facebook has engaged in some really horrible business practices, and there’s no excuse for that. But there’s something that really does frustrate me when it comes to discussions about FB. Their product is advertising.
I’m one of their consumers. I pay for ads, to attract people to my FB pages, my blogs, and even to articles I’m writing here. But more and more Facebook is being scrutinized and threatened with regulations that are making the company make it more and more difficult for people who advertise through them to actually run a successful campaign. In other words, the consumer is being screwed over.
Is Facebook a Monopoly?
Mark Stair’s view of Facebook as a monopoly isn’t quite right. It’s true that they’re the largest social network, by far, and that’s a major…