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Opinion

Facebook Is No Monopoly

Facebook Is No Monopoly
A 3D-print of Facebook's rebrand logo Meta is placed on laptop keyboard in this illustration taken on Nov. 2, 2021. Dado Ruvic/Illustration/Reuters
Stephen Moore
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Commentary
One wonders if, back in 2004, today’s trustbusters would have been losing sleep over the success of Blockbuster. Back then, Blockbuster had over 9,000 stores globally and was raking in nearly $6 billion in revenue as the leading video rental service in the country.
Stephen Moore is a senior fellow at the Heritage Foundation, chief economist at FreedomWorks, and co-founder of the Committee to Unleash Prosperity. He served as a senior economic adviser to Donald Trump. His latest book is “Govzilla: How the Relentless Growth of Government Is Impoverishing America.”
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