"It is time to break up Facebook"
Finally, the #NewsMedia are waking up to the fact that the problem with FarceBook is it's monopoly power, not it's lack of publishing ethics.
But I'm not sure Hughes fully understands the problem either. Using anti-trust action to break FB into 5 smaller companies, is like breaking a cancerous tumour into 5 smaller ones. Before long, one would become dominant and either re-merge with the others, as FB has with acquisitions like SnapChat, WhatsApp, Oculus Rift. Or drive them out of business, the same way it did with Orkut, Friendster, Bebo, MySpace, G+, and dozens of others. (1/2)
For "market-based accountability" to work, a minimum condition is that users have to be able to vote with their feet, and take their data and "social graph" (social network of "friends" and "followers") to another platform. It works best, as with email providers and cell phone carriers, if users can move to (or try out) another platform, while still being able to communicate and share with their friends on the old platform. Even the #fediverse only does the second one, not the first. (2/2)
Correction, FB acquired *Instagram*. SnapChat is not part of the FB empire (yet ;)
did splitting up AT&T work?
Don't get me wrong, I'm not against splitting up FB, far from it. I agree with Hughes that the Instagram and WhatsApp acquisitions never ought to have been approved and reversing them is low-hanging fruit that needs to be plucked before they get digested. All I'm saying is regulating for #DataPortability and #Interoperability is more important to protecting both consumer rights and fair competition. Splitting up FB won't fix the similar problems with Goggle, the Amazone etc
@jack great! Let's make a list. I've started a stub page here, suggestions (or editing help) welcome:
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