Earlier this year, Facebook announced its intention to unify some of its services by integrating Facebook, Instagram and WhatsApp into the same messaging system through a single application. However, the FTC is unlikely to allow Zuckerberg to fulfill its plans.
According to XDA Developers, the FTC is completely against this integration for several reasons. Firstly, due to Facebook's history of privacy scandals, the FTC finds a unification of the kind quite harmful to user data.
Secondly, we have the constant fight of the FTC (and the European Commission) against anti-competition practices. Facebook already owns the world's most widely used social media and communication services, where many agree that this is a monopoly.
Even US Senator and presidential candidate Elizabeth Warren said one of her goals is to "split" Facebook into separate companies. This is because Warren believes that as it stands, Facebook has "too much power and influence."
Facebook owns 66% of social media market
According to the StatCounter market analysis and statistics platform, Facebook has a massive 65.97% of the social networking market share worldwide. In comparison, Pinterest owns 11.75%, Twitter 11.43% and Instagram a mere 6.47%.
Therefore, Facebook's monopoly accusations may not be all that absurd. Either way, a unified app could bring many benefits to users of all 3 platforms. Do you agree with the idea? Tell us in the comments.
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