Facebook has a plenty of competition in the social media space, Apple certainly isn't the only hardware manufacturer, Amazon has competition everywhere and so does Netflix. Google hardly runs the only ad network.

None of these companies are taking it all.

Facebook controls 70% of social media

Amazon has 50% of all e-commerce spend in the US.

Netflix put Blockbuster and every other movie rental store out of business. It currently has 50% of all video streaming traffic in the US.

Google has 80% of the search market.

I'm not so sure about what Apple monopolizes, but they do have a duopoly in the app store space with Google.

> Google has 80% of the search market. Facebook controls 70% of social media.

Wrong way to think about this. If you talk about advertising monopoly, sure. But you'd be hard-pressed to make an argument on a monopoly of free products.

> Netflix put Blockbuster and every other movie rental store out of business.

That's because Blockbuster was, quite frankly, shit. They failed to adapt to the internet. So what? Times move on. Netflix is far far better for consumers.

Something isn't a monopoly just because it's popular.

>Something isn't a monopoly just because it's popular.

If you're a state missing out on tax because the options that provide it to you are unpopular it sure is.

This isn't a discussion about consumers.

> Amazon has 50% of all e-commerce spend in the US.

So 50% == all?

> Facebook has a plenty of competition in the social media space

Please give some examples.

WeChat, QQ, Snapchat, Twitter, TikTok, Discord, VK, Telegram, Reddit and presumably many more I'm forgetting.

In the markets of the G20*, Facebook (with Instagram and Whatsapp) dominate those apps, both in terms of users and revenue.

(except perhaps Russia)

Google + FB + Amazon will own 70%+ of digital advertising this year.

top three winners take 70%. That sounds like most industries nowadays. More healthy than telecom or film I'd guess.

Thankfully, the EU disagrees with you as do a growing number of people around the world.

> Thankfully, the EU disagrees with you

The EU doesn't disagree with me. Some people involved may be asking questions, but that doesn't mean that the EU disagrees with me.

If the EU disagreed with me we'd know, as they'd be taking action against these companies.

They compete between themselves and also has several external competitors?

Netflix? Its entire business is basically the equivalent of one of Amazon's side experiments!

All of them complete between themselves, that's a bad example.

I wasn't aware Facebook has its own hardware ecosystem or music delivery store, Google does grocery deliveries, and Apple runs its own open import and reseller market.

The "competition" is pretty nominal at this point. The areas of competitive overlap are much smaller than the areas of monopolistic market dominance.