Facebook Investor Peter Thiel: Why Monopolies Pretend to Be In Incredible Competition

Corinne Cardina and Nick Sciple, The Motley Fool
·6-min read

With more than 2.6 billion daily users, there's no denying that Facebook (NASDAQ: FB) reaches a lot of people around the world across Facebook, Messenger, Instagram, and WhatsApp. Corinne Cardina, Fool.com's healthcare and cannabis bureau chief, spoke with Nick Sciple, the bureau chief of tech, energy, and industrials, on a Fool Live episode recorded Feb. 11, about a quote from Peter Thiel, who was an early investor in Facebook, that speaks to how tech companies try to manage how their power is perceived by the public and regulators. Corinne Cardina: Let's talk a little bit about Facebook's power, antitrust.