I don't see a problem with regulation in and of itself it is often that the people regulating are leftists and not only do they not understand economics they disregard them in the name of their greater goal

I'll second that, @Scale_e.

Better services will come along and Facebook will die.
Facebook is fucking *desperate* for big daddy government to step in because they know their days are numbered.

social media is a slightly unhelpful example because a single player being dominant is one of it's biggest selling point

They’re buying up every competitor that comes along in a desperate attempt to stave off extinction.

It’s going to happen.

Yes, all these better services than Facebook all lining up to take them down, lol

hm what an interesting article ive found if old

Sam you think you understand economics better than those who work and produce the regulations?

You’re just 18 years old

Get over yourself

...or uncle same will regulate them. And they’ll be with us forever.

Facebook doesn't want the government to step in and fuck them the boot in the door argument is correct but it doesn't apply in this specific case

Uncledaddy

@PureEvilPie Why are you so salty all of a sudden, Imao

I’m not daft

Dude UK politics is lit right now

Salty*

If you majored in economics, @PureEvilPie, you'd learn all the regulators have no knowledge in the industries they're regulating, and thus they listen to the industry lobby.

Attorney general putting everyone in their box

Facebook is fkn desperate for regulation.

there is no need for regulation of the internet because there is no reason for people to not leave those sites

Lol, economics majors are taught how to form lobbies.

Facebook don't buy up competitors, they buy up ancilliary companies to broaden their power

It’s just a common theme in this discord, young internet dudes think they know better than educated professionals

oh this ones nice

And just call them lefties

You're being a little bitch though my age doesn't affect the validity of my points

Bit like you praising Tony Blair's domestic policies when you weren't born yet, eh, PeP?

You're argument is literally I'm better then you LOL

Glad I make you feel threatened

Anyway, @PureEvilPie, I'm sure you're aware of *who* composes these lobbies as well.

Facebook buys up competitors.
So does google.

Yes

@Scale_e Yeah, but preventing that BAD

And when you have unlimited money, you get to do that

They’ve got a tonne of IP they’ve bought up and don’t ever intend to use.

Not really a free market anymore is it?