What will the U.S. do about Facebook and Google?
Some people would like to see the companies broken up. They propose surgical cuts: Facebook must relinquish WhatsApp and Instagram, while parent company Alphabet could spin off feeder products from advertising-funded search.
On what grounds? We know that bigness per se is no crime. Are these companies “essential facilities” that left fewer, more expensive options for consumers?
The problem is that many of these companies’ products cost us nothing, at least in terms of dollars. It doesn’t look like Facebook or Google have been lowering product quality, either. In general, there’s a lot of competition when it comes to social media platforms and search, even if people choose not to use them very much.