Lawsuit against Facebook to end its illegal monopoly
Alice
Thanks for sharing. This lawsuit recommends the break up of Facebook.
My humble opinion below.
These are extreme measures by lazy Policy Makers and Regulators who have a
political ax to grind.
History has shown that breaking up companies is not a solution. The breakup
of Standard Oil in 1911 should have taught everyone a lesson. The solution
is Policy and Regulatory interventions that stop companies from behaving
like it\’s the Wild Wild West. Here are a few thoughts:-
(1) Stop acquisitions that create unholy moats around companies.
(2) Heavy fines for misbehaving in the marketplace. Like the Kill Zones
<www.bloomberg.com/opinion/articles/2018-11-07/big-tech-sets-up-a-kill-zone-for-industry-upstarts>
for startups that Big Tech has created. Heavy fines that would impact their
balance sheets. ile iwe funzo, not a few billion dollars that amount to a
rounding error in their balance sheets.
(3) Ban executives who misbehave from ever working in the industry again.
(4) Initiatives to limit State Capture by these corporations.
My two cowrie shells.
*Ali Hussein*
Digital Transformation
Tel: +254 713 601113
Twitter: @AliHKassim
Skype: abu-jomo
LinkedIn: ke.linkedin.com/in/alihkassim
<ke.linkedin.com/in/alihkassim>
Any information of a personal nature expressed in this email are purely
mine and do not necessarily reflect the official positions of the
organizations that I work with.
On Thu, Dec 10, 2020 at 12:49 AM Alice Munyua via kictanet <
[email protected]> wrote:
> Very interesting case
>
> www.ftc.gov/system/files/documents/cases/1910134fbcomplaint.pdf
>
>
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