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Enrique Dans' article asserts that Meta is a monopoly, evidenced by its acquisitions of Instagram and WhatsApp, which the author argues were strategic moves to eliminate competition.
The piece highlights the ongoing antitrust trial where the FTC accuses Meta of illegal monopolization, citing internal communications suggesting a "buy or bury" approach to rivals.
Dans critiques Meta's defense that claims the social media market is highly competitive, pointing out the company's history of acquiring or copying potential threats.
The author expresses concern about political influence potentially undermining regulatory efforts and suggests that Meta's power could allow it to operate without accountability.
Ultimately, the article argues for decisive action to restore competition in the social media market and uphold the integrity of the legal system, contrasting the situation with interventions in other countries.
This article is also available in English on my Medium page, «If it looks, behaves, buys and copies like a monopoly, it’s because Meta is a monopoly«
By 1197109420Enrique Dans' article asserts that Meta is a monopoly, evidenced by its acquisitions of Instagram and WhatsApp, which the author argues were strategic moves to eliminate competition.
The piece highlights the ongoing antitrust trial where the FTC accuses Meta of illegal monopolization, citing internal communications suggesting a "buy or bury" approach to rivals.
Dans critiques Meta's defense that claims the social media market is highly competitive, pointing out the company's history of acquiring or copying potential threats.
The author expresses concern about political influence potentially undermining regulatory efforts and suggests that Meta's power could allow it to operate without accountability.
Ultimately, the article argues for decisive action to restore competition in the social media market and uphold the integrity of the legal system, contrasting the situation with interventions in other countries.
This article is also available in English on my Medium page, «If it looks, behaves, buys and copies like a monopoly, it’s because Meta is a monopoly«