Facebook co-founder Chris Hughes wrote in a New York Times op-ed that regulators must check CEO Mark Zuckerberg's power.
Facebook co-founder Chris Hughes issued a forceful call for regulators to break up the company he helped build in a New York Times op-ed published Thursday.
It's no coincidence that Hughes chose to write this op-ed now. Facebook is preparing to merge the technology behind its three messaging platforms, Facebook Messenger, Instagram and WhatsApp, as part of its new vision for social media as a private communication network. That vision came after Facebook's more public forms of communication were found to be used by foreign actors to influence voters ahead of the 2016 U.S. presidential election.
Hughes called the FTC's decision to let Facebook acquire Instagram and WhatsApp in the first place the regulator's"biggest mistake" and said the three entities should be broken into separate companies before Facebook weaves them together. Part of Hughes' argument is that Facebook's size and scale leaves users with few options for other social networks to turn to if they want to leave Facebook's services. If Facebook doesn't acquire a social networking company, it can just copy its features and launch them at scale before its smaller competitor has a chance to take off.
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