Wednesday, December 16, 2020

TikTok ban not good for rivals, sets a precedent: Adam Mosseri

The ban on short video app TikTok in India is not good for its rivals because it sets a precedent that could be used against others, Instagram boss Adam Mosseri said in an interview. But the head of the Facebook unit also said that governments should have a role in regulating content on the platforms while rejecting the contention that the social media giant should be broken up because it was too powerful.

“Any boost or bump in engagement that we see by the weakening or banning of a competitor even in a market as important as India is outweighed by the risk that is created by the precedent setting,” Mosseri told ET. “I think if more and more countries are interested in banning apps or threatening to ban apps as a point of leverage to try and force companies like ours to do whatever they like... Sometimes it's about censorship, sometimes it’s about data access — it creates a lot of risk.”



Submitted December 17, 2020 at 09:42AM by nasirbobby https://ift.tt/2LFuatT via TikTokTikk

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