So I have an alternative take on this. I don't agree with your basic facts but I have a different conclusion.
If a company, which had 13 employees at the time of acquisition and was ~2 years old, can be a legitimate threat to Facebook (which it was), then how strong is your monopoly, really?
For context, we've seen this play out multiple times in the last decade: with Snapchat to some degree but now, more importantly, with Tiktok.
Many consider Facebook a relic for old people. IG is rapidly meeting the same fate. It seems to be way more popular with millenials than Zoomers (anecdotally).
My point is that when the cost of user switching to a new platform is as simple as downloading a new app and creating a new login, then your "monopoly" lacks the traditional moat or barrier to entry that antitrust is specifically designed to fight.
Put another way: this just isn't as urgent as people are making it out to be and (IMHO) it's merely a shakedown by the current administration to get Meta to fall in line with censoring topics that the administration doesn't like.
If a company, which had 13 employees at the time of acquisition and was ~2 years old, can be a legitimate threat to Facebook (which it was), then how strong is your monopoly, really?
For context, we've seen this play out multiple times in the last decade: with Snapchat to some degree but now, more importantly, with Tiktok.
Many consider Facebook a relic for old people. IG is rapidly meeting the same fate. It seems to be way more popular with millenials than Zoomers (anecdotally).
My point is that when the cost of user switching to a new platform is as simple as downloading a new app and creating a new login, then your "monopoly" lacks the traditional moat or barrier to entry that antitrust is specifically designed to fight.
Put another way: this just isn't as urgent as people are making it out to be and (IMHO) it's merely a shakedown by the current administration to get Meta to fall in line with censoring topics that the administration doesn't like.