Zynga (NASDAQ:ZNGA) announced yesterday evening the new details of its relationship with Facebook (NASDAQ:FB). Zynga has now said that it will have the right to host games outside of the social network, allowing Zynga to potentially become its own completely independent entity. However, the new agreement also opens the door for Facebook to begin producing games of its own, competing with Zynga directly. Motley Fool research analyst Lyons George tells us that so far, Facebook has no official plans to take this approach, but because of the potential of that market, it may be only a matter of time.

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