Facebook has a monopoly in social media developed through the acquisition of nascent competitors and misleading and fraudulent behavior regarding its collection of users’ data, according to a new report published by the Omidyar Network, a philanthropic investing firm funded by eBay founder Pierre Omidyar. The report, “Roadmap for an Antitrust Case Against Facebook,” argues that Facebook is so...
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How Amazon Misread the NFL Ad Market
Last summer, advertising representatives for a national pizza chain in the U.S. met with Amazon ad executives to negotiate a potential sponsorship deal for Amazon Prime Video’s broadcast of “Thursday Night Football.” Amazon executives asked the pizza chain for commitments of up to $12 million for the full season, double what the chain wanted to spend, said a person with direct...
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