It didn't take long for the US media to jump all over the story, with many outlets citing no less objective a source than Matthew Fraser -- a Canadian expat blogger who claims, in ostensible sincerity, that the ruling is symptomatic of a "deeply rooted animosity in the French psyche toward Anglo-Saxon cultural domination." Calling the ruling "ludicrous," Fraser went on to flamboyantly point out the obvious, stating that such regulatory nonsense would never be tolerated by corporations in the US. But then again, neither would smelly cheese or universal healthcare. Apple, meet orange. Fueling competition via aggressive regulation may strike some free-marketeers as economically depraved, but it certainly won't kill social media-based commerce. Facebook and Twitter have already become more or less synonymous with "social networks" anyway, so it's hard to envision such a minor linguistic tweak having any major effect on online engagement. That's not to say that the new regulation will suddenly create a level playing field -- it won't. But it probably won't put America's social media titans at a serious disadvantage, as some would have you believe. Rather, these knee-jerk arguments from Fraser and others seem more rooted in capitalist symbolism and cross-cultural hyperbole than anything else -- reality, included."Why give preference to Facebook, which is worth billions of dollars, when there are many other social networks that are struggling for recognition? This would be a distortion of competition. If we allow Facebook and Twitter to be cited on air, it's opening a Pandora's Box - other social networks will complain to us saying, 'why not us?'"
France bans Twitter, Facebook mentions on TV, in the name of market competition originally appeared on Engadget on Mon, 06 Jun 2011 08:28:00 EDT. Please see our terms for use of feeds.
Permalink |
Yahoo! News | Email this | Comments Source: http://feeds.engadget.com/~r/weblogsinc/engadget/~3/jsoPXP937b4/
TIBCO SOFTWARE TIBCO SOFTWARE THQ TEXAS INSTRUMENTS TERADATA TELETECH HOLDINGS

No comments:
Post a Comment