Facebook Leak Shows Its Preparations to Fight a Government-Ordered Breakup

[DEAD7]

Facebook Leak Shows Its Preparations to Fight a Government-Ordered Breakup


Facebook is under intense regulatory pressure, and it appears to be bracing itself for the worst. The Wall Street Journal says it has obtained a document outlining Facebook's defense if the government orders a breakup that would unload Instagram and WhatsApp. The social media giant would reportedly argue that a split would be a "complete nonstarter" based on officials' past actions — or lack thereof.

According to the leak, Facebook would contend that its acquisitions of Instagram and WhatsApp passed FTC scrutiny without objections, leading it to pour massive amounts of money into both projects as it integrated them into its operations. A breakup would require spending billions and running separate systems that reduced security and hurt the user experience, Facebook would claim.

Facebook has declined to comment on the apparent leak. In the past, it has pushed for extra regulation (albeit limited) in place of a breakup.

 

[GnauzBookOfRhymes]

At the end of the day these are purely political decisions. Unfortunately antitrust/monopoly issues are no longer considered in terms of what is actually better for the consumer/public at large.

I don't see this actually happening. If trump wins it definitely won't happen since he owes much of his political power to facebook. If Biden wins it won't happen bc as much as folks on the left like to talk about the malevolent influence FB and other platforms may have on civil society etc, they can't get over their love/obsession with tech industry.

 

[Json]

I mean the Ma Bell history says they would just eventually reabsorb them anyway.

 

[newworldafro]

"I REALLY MEAN IT!" ​