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amelius on April 10, 2018 | parent | context | favorite | on: Mark Zuckerberg testifies before Congress

Why didn't telephone companies suffer from a similar network effect, and isn't there a monopolist in telephony?

Can we apply the same principles in the case of Facebook?

amarkov on April 10, 2018 [–]

They did suffer from a similar network effect, which was only broken when AT&T accepted a consent decree to spin off all its regional providers.

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