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by Betelgeuse90 1950 days ago
But the existence of competition or lack thereof can have its own effects, some of which are actually desirable and make the iPhone have the draw that it does.

If Facebook had a worthy competitor for example, surely you'll agree Facebook would be a considerably different product now. You might say that doesn't help my case, because it would actually be a better product, but it's not an inevitable outcome in every comparable scenario.

1 comments

> If Facebook had a worthy competitor for example, surely you'll agree Facebook would be a considerably different product now.

No, I don't think I would. The vast majority of people are not going to leave facebook as long as they can't take their social contacts with them, and Facebook knows this. They'll let you have your pictures and videos, but the graph? No way, and they know most people won't leave entirely because recreating all those links is a large undertaking for most people. Even young people that originally shun Facebook as their parent's social network eventually join because the network effect is too large to ignore.

The fact that Facebook very quickly buys anything that looks like it might have a draw that could possibly affect this in any way doesn't help it. Neither does that they blatantly lied to congress about things they would/wouldn't do with some of these acquisitions when asked about it.