The Soapbox

VisorBoy Hokie

Joined: 12/28/2002 Posts: 207
Likes: 108


Break up Facebook?


Co-founder of Facebook writes that Facebook should be broken up à la Standard Oil and AT&T.

But I'm not so sure those examples apply here.

Standard Oil and AT&T were accused of illegal practices intended to sustain their monopolistic position (e.g. subsidizing low-ball pricing with revenue from tangential sectors).

What has Facebook done? Their service requires no monetary exchanges, and the barrier to entry into the social media space is low. Their apparent failures (e.g. fake news from Russian interference) have nothing to do with monopolisitc activity per se. Those failures must be addressed, but breaking them up for said reasons seems akin to curing muscle spasms through amputation.

Have I missed some more nefarious deed?


Link: Chris Hughes' OpEd


Posted: 05/09/2019 at 6:36PM



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Current Thread:
 
  
Break up Facebook? -- VisorBoy Hokie 05/09/2019 6:36PM
  I'd go in almost the opposite direction -- Capital City Hoo 05/10/2019 08:56AM
  That's different. ** -- ResistHoo 05/09/2019 10:33PM
  That’s correct. ** -- Hokieesith 05/10/2019 7:42PM
  Like the libs, you want it both ways -- CavMan1 05/10/2019 08:36AM
  This one (and others in tech) will be tough -- Capital City Hoo 05/09/2019 7:47PM
  Huh? That is exactly what happens... -- VisorBoy Hokie 05/09/2019 9:07PM
  The argument is it's the de facto public square. ** -- hoodeyo 05/09/2019 10:19PM
  But it’s not like the baker/cake example. -- Hoojack 05/09/2019 9:50PM
  Could you summarize your point instead? ** -- VisorBoy Hokie 05/09/2019 9:14PM
  Twitter isn't censoring people for their ideas... -- VisorBoy Hokie 05/14/2019 5:56PM
  Hmm. I think that is questionable. ** -- Hokieesith 05/14/2019 6:12PM
  Why should a baker have to serve gay people? -- Hokieesith 05/09/2019 8:12PM
  Access vs behavior -- Old Dorms Rule! 05/09/2019 10:07PM
  Sheer number of users is exactly it -- MaizeAndBlueWahoo 05/09/2019 8:10PM
  Not sure the Soapbox was ever intended for civil discourse -- MaizeAndBlueWahoo 01/12/2021 12:57PM
  Hmmm -- Old Dorms Rule! 05/09/2019 8:44PM
  It's illegal already to behead someone -- MaizeAndBlueWahoo 05/09/2019 9:28PM
  Hmm again -- Old Dorms Rule! 05/09/2019 9:49PM
  Are they a business? ** -- Hokieesith 05/09/2019 8:56PM

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