Posts Tagged ‘two-sided markets’

Facebook antitrust lawsuit

The Smoking Gun in the Facebook Antitrust Case

The government wants to break up the world’s biggest social network. Internal company emails show why.
https://www.wired.com/story/facebook-ftc-antitrust-case-smoking-gun/

At first blush, privacy and antitrust might seem like separate issues—two different chapters in a textbook about big tech. But the decline in Facebook’s privacy protections plays a central role in the states’ case. Antitrust is a complicated field built on a simple premise: When a company doesn’t face real competition, it will be free to do bad things.

a conceptual breakthrough on that front. In a paper titled “The Antitrust Case Against Facebook,” the legal scholar Dina Srinivasan argued that Facebook’s takeover of the social networking market has inflicted a very specific harm on consumers: It has forced them to accept ever worse privacy settings. Facebook, Srinivasan pointed out, began its existence in 2004 by differentiating itself on privacy. Unlike then-dominant MySpace, for example, where profiles were visible to anyone by default, Facebook profiles could be seen only by your friends or people at the same school

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Facebook hit with antitrust probe for tying Oculus use to Facebook accounts

https://techcrunch.com/2020/12/10/facebook-hit-with-antitrust-probe-for-tying-oculus-use-to-facebook-accounts

In recent years Facebook has been pushing to add a ‘social layer’ to the VR platform — but the heavy-handed requirement for Oculus users to have a Facebook account has not proved popular with gamers.
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more on Facebook in this IMS blog
https://blog.stcloudstate.edu/ims?s=facebook

Chris Hughes
https://blog.stcloudstate.edu/ims/2019/05/09/break-up-facebook/