Economics

Facebook Anti-Privacy Monopoly Hysteria Now Over. Please Return to Your Regularly Scheduled Oversharing.

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Remember last year (and the year before that, and the year before that) when everyone was freaking out about the "Facebook Anti-Privacy Monopoly"? There were even infographics!

As recently as this May lawmakers were touting plans to implement their own solutions to privacy problems caused by Facebook's monopoly.

Then Google+ hit the Interwebs a couple of months ago. Starting tomorrow, Facebook will debut new, easier to use privacy settings with "a googley aftertaste":

Competition works.