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by phendrenad2
2020 days ago
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Facebook was smart, it wasn't just a social network, it also was an apps and games platform. Remember Farmville? And also many bands ended up putting their merch and tour dates up on FB because it was just so easy. Then recently it grew a marketplace to take on craigslist and ebay, and added videos (making it a mini youtube or tiktok). And let's not forget that FB groups are the go-to place for many hobbies. Into old cars? Or old sewing machines? You won't find an active forum for those things, or if you do, they're 1000x more hostile and trollish than FB's groups. So my question is, where do you draw the line? Was FB marketplace anticompetitive because it pushed out craigslist? I guess this whole thing is a fishing expedition to see if the justice department can find a smoking gun email where someone says, like, "Let's be anticompetitive with snapchat" or something... |
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There are other marketplaces that proved the value of identity and reputation like Mercari and offerup in p2p before fb marketplace launched its own.
I do think FB would stomp or buy other marketplaces, but that there is even a smidgen of opportunity in this space in the US is due to the neglect of buckmaster and newmark.
They went from benevolent dictators to doggedly avoiding any increase in value to users.
This has happened at great detriment to Craigslist users who have been scammed, dealt with well-known but terrible landlords and wasted countless lifetimes due to the shoddy communication features of the site.
I am no fan of Facebook, but have only crocodile tears for Craigslist.