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?
My argument wasn't ever that I know better it was that their goals often disregard economics in favour of social goals
Samaritan
