Breaking up Facebook is just a step on the road to rehab for America's relationship with big companies

  • 📰 BusinessInsider
  • ⏱ Reading Time:
  • 49 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 23%
  • Publisher: 51%

Malaysia News News

Malaysia Malaysia Latest News,Malaysia Malaysia Headlines

Breaking up Facebook is just a step on the road to rehab for America's relationship with big companies by lopezlinette

go-to platform for Russian agentsFacebook has proven that it can be more detrimental to society than it is helpful without costing users anything. The company has become a power that it seems no one in Washington can control, and no one in Silicon Valley can match.

Now, Americans didn't always think about monopolies in terms of prices. From the turn of the 19th century to the 1970s policymakers used to understand that size was power in and of itself, and so they did what was necessary to ensure that no one corporate entity got too big to manage — from blocking mergers to punishing anti-competitive behavior.

Facebook has to be broken up because it is an example of why our narrow definition of anti-trust has to become more broad. It's time not just to look at whether or not prices are going up, but also at how companies get so big, and the things they do to stay that way. In both cases, Facebook's trajectory and actions have been anticompetitive and abusive.

When Facebook has been routed in terms of making technology — like when Snapchat created popular face changing features —When Facebook was threatened by Instagram and WhatsApp, it simply used its huge balance sheet to buy the companies out.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

lopezlinette A semi-humorous guide to breaking up Google. Also works for Facebook: Condensed version: make the Data a corporate entity. Regulate the hell out of it. If it has your data, you get shares. You can remove your data, or sell to another Data company.

lopezlinette Facebook and instagram LIED to federal government investigators to get their merger passed. it should have been blocked under antitrust laws. Fix it.

lopezlinette “Breaking up Facebook” is never going to happen. The idea is so ludicrous, and if we really want to talk about impact, break up the two of largest political parties in government. How about that. Break up the monopoly the Republican & Democratic party have on national elections.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 729. in MY

Malaysia Malaysia Latest News, Malaysia Malaysia Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Booker expresses caution about breaking up big companies like FacebookThe senator from New Jersey insisted his comments were not meant as criticism of Democratic rival Elizabeth Warren, who has called for stricter regulations to help unravel some tech giants. Everyone expresses caution about Booker. Should just get rid of the total shit show that is FB. Why people still subject themselves to it is beyond me. It’s like purposely hanging out in an outhouse at a week long outdoor festival. If he were alive then, he would probably have wept about the breakup of Ma Bell.
Source: washingtonpost - 🏆 95. / 72 Read more »

Andrew Yang says big tech companies would be 'well served' if broken upDemocratic presidential candidate Andrew Yang says big technology conglomerates like Facebook, Google and Amazon would be 'well served' if broken up into smaller companies as some of his Democratic opponents have proposed. Google IS the government Is it better that one large and corrupt team of software engineers can access our DMs and see our junk, or multiple smaller ones? Only time will tell. He does not have the right to dictate how other people run their companies. He does not have the right to dictate how other people do anything.
Source: ABC - 🏆 471. / 51 Read more »

Facebook's Sheryl Sandberg: Chinese tech companies are also powerful, and will not be broken upYou could break us up, you could break other tech companies up, but you actually don't address the underlying issues people are concerned about. People are concerned about election security, content, privacy and data portability,' Sheryl Sandberg said. Just delete your damned Facebook account to send a message by exercising free will and consumer choice. BayAreaBS DeleteFB
Source: CNBC - 🏆 12. / 72 Read more »

Breaking up companies like Facebook is an option we should look at, says Arizona attorney generalWhen it comes to dealing with tech giants such as Facebook there should be a 'menu of options' available — including splitting them up, says Arizona Attorney General Mark Brnovich. How about stop using it buddy including Comcast. Absolutely! ASAP.! GOOGLE ALSO! realDonaldTrump MariaBartiromo marklevinshow LouDobbs cvpayne Varneyco TuckerCarlson
Source: CNBC - 🏆 12. / 72 Read more »

America's Largest Public Companies In 2019JPMorgan Chase is the largest public company in the United States, according to the 17th annual Forbes Global 2000 list. Tax evaders❗️😠❗️😠❗️😠❗️
Source: Forbes - 🏆 394. / 53 Read more »

America's Largest Public Companies In 2019JPMorgan Chase is the largest public company in the United States, according to the 17th annual Forbes Global 2000 list. apple The Engineer work hard for be better....Thank you very much.The Partner:The Engineer
Source: Forbes - 🏆 394. / 53 Read more »

America's Largest Public Companies In 2019JPMorgan Chase is the largest public company in the United States, according to the 17th annual Forbes Global 2000 list. How can I sigup if it's a public company. I'm from Nigeria 🔎 Making Billions on Stock Trading By Using and Lobbying Analysts to Warn Media of USA Economic Disaster On any China Trade Policy To Favor Usa Upside Down Logic In Media
Source: Forbes - 🏆 394. / 53 Read more »

Why the headquarters of iconic tech companies are now among America's top tourist attractionsWith many tech companies enjoying worldwide prominence, many headquarters have now become architectural wonders in their own right. They have drawn wide interest for not only their high tech products and services but also their employee perks. Both the state-of-the-art buildings and lifestyle are fascinating to outsiders. Twofacedmango
Source: CNBC - 🏆 12. / 72 Read more »

America's Largest Public Companies In 2019JPMorgan Chase is the largest public company in the United States, according to the 17th annual Forbes Global 2000 list. Archibrand on the rise
Source: Forbes - 🏆 394. / 53 Read more »