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Trump's TikTok ban could make Big Tech even more dominant

August 1, 2020. Summarized by summa-bot.

On Wednesday, Facebook CEO Mark Zuckerberg pushed back against claims that his company is too dominant by name dropping a list of his competitors. Almost all of the ones he cited were other Big Tech companies whose CEOs were appearing virtually beside him at that very moment in a high-profile antitrust hearing.

But Trump's decision to ban TikTok outright, which comes more than a month after tens of thousands of TikTok users trolled the Trump campaign by reserving tickets for a Tulsa rally they did not attend, may only make some of these powerful companies at the hearing -- most notably Facebook and Google -- even more dominant.

For all the controversy over TikTok's connections to China through its parent company, ByteDance, which is based in Beijing, the video app is perhaps the only social media service in recent years that poses a true risk to the bigger platforms that have long dominated the space.

In a sign of the competitive threat TikTok posed, both Facebook and Google have attempted to clone features from the app.

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