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by gliboc
2939 days ago
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I don't know, but probably. Sometimes you had your information for shady reasons, and it would be almost impossible to recreate it. It is a bit what's happened with Facebook if you agree that the public lacked a sense of data-privacy until then, and got abused because of that. I guess that's what GDPR is about too. We used to discard the value of digital data, mostly I guess because it could be generated and exchanged at the speed of light. When people realized they could make money out of it, giants sitting on huge databases of personal data suddenly became the norm. And they don't share unless you pay them (if it is even in their business model). > Is it a monopoly if there's nothing preventing you from starting your own competing product collecting the same data? First, remember Facebook has more than two billion active users. I don't think you can realistically compete against that. Anyway, this is a thin line argument. In some countries, I've been told, Facebook acts almost like a hub for the internet. I guess you cannot either compete against the pipes themselves. I think Monopoly regulations are not about punishing evil corporations. They exist because such situations restrain innovation (including from companies having the monopoly) and generally disrupt free market by having one player able to do price-fixing. Honestly, I think Facebook is being hit hard by that first part by totally failing to appeal to a younger audience while becoming the dreamland of advertising. |
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What about Snapchat, Twitter, and LinkedIn?