Why is nobody successfully competing against FaceBook? Is it because everyone has a low IQ except FaceBook? No, it's the Network Effect: you can't get sufficient customers to compete until you get sufficient customers, creating a Catch-22.
Real work and real competition is missing from Big Tech. I'm all for rewarding those who build better mousetraps, but not those who keep others out of the mousetrap business and put the mouse meat into your burger without telling you.