Here’s the headline from ABC News the other day:

That’s a laughable proposition. We asked Grok for a head count on how many social media platforms there are today for users to access. The answer was “It’s tough to pin down an exact number since new platforms pop up constantly, and some fade away just as fast. As of early 2025, estimates suggest there are hundreds of social media platforms globally, ranging from giants like Facebook and YouTube to niche apps and decentralized networks.”

Gee, that’s some monopoly Mark Zuckerberg and Meta have got going there. Never mind that Zuckerberg was essentially the inventor of the term “social media.” So the inventor of an industry that never existed before his arrival is a monopolist. They’ve shrewdly tried to maintain market share by purchasing WhatsApp and aInstagram.

Can someone – anyone? – tell us who the victim is here? Not consumers. All of Meta’s platforms are essentially free. The dirty price-gougers!

The latest data show the average social media user is on 6.8 platforms monthly, and just 0.7% of Facebook users are unique to the site.

There’s probably no industry in history with fewer barriers to entry than social media. Anyone with a cell phone and access to the internet can start one. You’re now at this moment reading a social media platform. Our goal is to be bought by Meta for $1 billion.

This lawsuit speaks poorly of the Trump FTC and the president should stop the lawsuit and fire the staffers responsible for grand incompetence.