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Government's case against Facebook is bad economic policy


Government s case against Facebook is bad economic policy
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Question of the Day
ANALYSIS/OPINION:
The Federal Trade Commission with 47 states are suing Facebook for allegedly squelching competition by acquiring startups, and seeking divestiture of Instagram and WhatsApp. The suit is fundamentally flawed and bad economic policy.
Facebook provides dynamic bulletin boards where individuals, affinity groups and businesses can communicate events in their lives, market products and generally network.
It’s a great site to gather classmates for reunions and has evolved into the dominant affinity-group pasteboard because of the network effect. Like the telephone system, the value of a social media network grows as more people use the same system. Unlike Verizon, AT&T and other cellphone services, social media apps generally lack interoperability the ability to send a message from Facebook to Twitter. ....

United States , Mark Zuckerberg , Justice Department , Boston Tea Party , European Union , India Trading Co , Federal Trade Commission , President Trump , Silicon Valley , ஒன்றுபட்டது மாநிலங்களில் , குறி ஜுக்கேர்பெற்க் , நீதி துறை , போஸ்டன் தேநீர் கட்சி , ஐரோப்பிய தொழிற்சங்கம் , இந்தியா வர்த்தக இணை , கூட்டாட்சியின் வர்த்தகம் தரகு , ப்ரெஸிடெஂட் துருப்பு , சிலிக்கான் பள்ளத்தாக்கு ,