Facebook is only 15 years old, yet in that time it has become the world's dominant social media platform, boasting more than 2.4 billion users. It has also become the world's second-largest digital advertising platform, effectively the runner-up in a worldwide duopoly dominated by Google. Now, it is under a baker's dozen of investigations alleging that it rose to the top by using unfair, anticompetitive tactics—and at least one competitor kept records.
Snap, parent company of Snapchat, kept a dossier "for years" detailing Facebook's attempts to thwart it, sources told The Wall Street Journal.
The Department of Justice publicly confirmed that its antitrust division was actively investigating widespread "concerns that consumers, businesses, and entrepreneurs have expressed" about "market-leading online platforms." The agency didn't name names, but that list of "market-leading" platforms is generally considered to include Amazon, Apple, Facebook, and Google.
The wheels of justice may move slowly, but here's hoping the "with a computer" companies find that they do work.
(Score: 2, Interesting) by CheesyMoo on Tuesday September 24 2019, @07:43PM
I think grandmas still like seeing photos and propoganda on Facebook.
Also independent artists/writers/musicians, freelancers, businesses certainly enjoy the ability to communicate with their fans/customers/network. But I think this is also due to the experience of being a minor celebrity. If you get on Twitter with no followers and no one likes you, I doubt you will enjoy yourself. If you have 10k + people responding disseminating your words, that may be a neat feeling?