Or in tech parlance... "Ours is definitely a better product, the market just doesn't know it yet." "No no, it's not working properly because you're holding it wrong."
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Having been on the other side of the negotiating table from FB at a major media company I can confirm that the commercial terms they are able to impose bc of their massive market share are a major part of why media firms did not share in this revenue
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So I don’t think it’s a “trope” that the highly concentrated market structure is strangling innovation, just as it did before AT&T’s breakup and the Microsoft ruling, each of which unlocked successive waves of new companies and services that previously were blocked
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