Is Facebook a monopoly?

[enhanced_deficit]

Does anyone know if FB has a competitor?
To the untrained eye, it appears to be a monopoly at market cap approaching $500B.

[Keith and stuff]

FB has many competitors. Twitter, Google, Myspace, Instagram, and Snapchat come to mind.

[enhanced_deficit]

Thanks for the opinion, forgot MySpace was still around and that seems to be the closest competitor in terms of services though very outdated.
Twitter and few others though also operate in same sphere but don't seem to have similar services though. But my question was based on ignorance too as have not explored these services and was just amazed by market cap of FB which was supposed to be just a "web site" as opposed to other tech companies that produced things.

[DamianTV]

Trouble is with our current internet, it has been treated as a Walled Garden, and inside this garden, this is where everyone is being told to go, so many do. Personally, I block every possible way in which my computer can directly connect with Fedbook, hosts file, DNS, Router by IP, Routing Tables (its a dos command so dont get too excited). Not much I can do to keep them from seeing posts I make on here, but they can not link it with my PC so thats a good thing, right?

[brandon]

Thanks for the opinion, forgot MySpace was still around and that seems to be the closest competitor in terms of services though very outdated.
Twitter and few others though also operate in same sphere but don't seem to have similar services though. But my question was based on ignorance too as have not explored these services and was just amazed by market cap of FB which was supposed to be just a "web site" as opposed to other tech companies that produced things.

FB is not just a website. Any $500B company has their hands in many pots.

Here's an actual product they make: https://en.wikipedia.org/wiki/Oculus_Rift

There's thousands of companies competing to take social-network market share from facebook. They'll all probably fail in the short term, unless they completely revolutionize the industry and have massive funding.

[euphemia]

Whatever else it is, it's a monstrosity.

[LibForestPaul]

Facebook, Google, and Amazon are front companies. They are extension of the banking cartels and international elites. Facebook is voluntary, is one of the greatest inventions by authoritarians this century. Google is evil, and any competition is to shroud its massive data ownership of half the planet.