Yes, they currently have the market share, and network effect keeps them there. Nevertheless, my point was it’s not a monopoly, so how does Meta have everybody 'by the balls"?
Network effect might as well be a monopoly until the network kills itself.
I take issue with the concept of one company owning an entire communications network in the first place. Federation is a step in the right direction but it’s not enough yet.
Yes, they currently have the market share, and network effect keeps them there. Nevertheless, my point was it’s not a monopoly, so how does Meta have everybody 'by the balls"?
Network effect might as well be a monopoly until the network kills itself.
I take issue with the concept of one company owning an entire communications network in the first place. Federation is a step in the right direction but it’s not enough yet.