Maybe I'm just paranoid but I see any outcome besides anti-trust as being really bad for the people.
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Replying to @danlistensto @sonyaellenmann
this is silly and paranoid and not paranoid enough, antitrust regulation of facebook would also end up being really bad for the human race
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Replying to @kushnerbomb @sonyaellenmann
I'm interested in your perspective. Can you say more?
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Replying to @danlistensto @sonyaellenmann
I mean let’s suppose that we had a Bell style solution, where Facebook breaks up into several smaller companies
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Now we’ll have Instagram, Messenger, Facebook Prime, etc., each with their own lobbying departments, each fighting for higher barriers to entry for competitors
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(There are also hard corpgov questions here; does the Zuck get a special class of equity in all the successor companies that gives him essentially full control? If so, are we doing anything, really? If not, what are we doing instead?)
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Replying to @kushnerbomb @sonyaellenmann
suppose the breakup of FB wasn't along verticals, but along horizontals. I feel like there's a scale issue here. 1 network of 1 billion people is dangerous. 1000 networks of 1 million people is useful.
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i.e. a vertical breakup would just unbundle the 7(ish) billion person networks that FB currently controls into 7 different functions each consistenting of a billion person network. that's still in the problem/dangerous territory.
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There's a fundamental tension where tech companies basically exist to take advantage of economies of scale, so antitrust suits also destroy the value. The solution looks more like utilities regulations. Single provider allowed but a minimum service standard required.
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Replying to @simpolism @danlistensto and
To be clear, I don't necessarily support utility-style regulations on tech companies, but they strike me as the most likely outcome were the US govt to take action.
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i see the most likely action would be the creation of a feckless bureaucracy "Department of Consumer Data Protection" or some dosh, which will promptly be captured by the industry
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