Business Case Studies: How does Facebook kill its competition? Explained with examples

For many people across the world, waking up to look at a piece of technology has become second nature. Roughly 96% of us own a cellphone and over 60% use our phone as an alarm clock– it’s in the palm of our hand from the time we wake up until the time we go to sleep. Addiction to our phones is a huge problem, and Facebook plays a major role in that. Across the U.S., over 169 million people use Facebook, and over 2 billion people worldwide have an account, alive or dead. However, with news about Facebook selling user data and data breaches, roughly 26% of users say they have deleted the app and decreased their usage of the social media giant. But unfortunately, that isn’t enough to deter some users from ceasing to use. So how is this happening? What is the antitrust case against Facebook, and why does it pose such a big threat to the company as it exists today? Let’s discuss this in the video.

https://www.youtube.com/watch?v=o-gGiyY9s9w