### Comment:
They danced around the topic in the earnings call, but based on the future fine/settlement with the FTC they will likely face additional regulation, which could hinder advertisement opportunities and revenue, but that is completely up in the air.

### REPLY:
They have a basic monopoly like google. Fb has roughly a 80% market share with fb and ig. Their biggest real competition is actually pins but that’s focus on women

### END.