Wednesday, April 11, 2018

Face It, Facebook Is An Unregulated Monopoly

     Zuckerberg may dance around the question regarding whether or not Facebook is a monopoly, but it is hard to see how it is not. Can dissatisfied Facebook customers go to a competitor? One does not exist. More than a billion people rely on Facebook. Many have no alternative but to stay with it.
      Monopolies do not self regulate. In the absence of a viable competitor emerging, which seems to be nowhere in sight, the government must intervene. Monopolies are not supposed to exist, even though they do. Leaving a monopoly unregulated keeps open the door to abusive and irresponsible conduct.

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