Preventing Competition# Most importantly, they can prevent a competitor from taking hold. If these people got Internet access through a non-Facebook option, they might join a new or competing social media network, and through the network effect, that competing Network might take off. And that would be a threat to Meta trying to corner the market on Social Media. A particularly telling example of this is the story of WhatsApp: Though WhatsApp was founded in the US (in 2009), it became very popular outside the US, becoming much more commonly used than Facebook Messenger. Facebook was terrified of losing out on the non-US market, since they wanted to control everything, so in 2014 Facebook spent $19 billion dollars to purchase WhatsApp:
I find this interesting how when huge companies find competition with smaller companies, they decide to purchase that smaller company instead of making there on company better.