Harvard Business Review: Don’t Break Up Facebook — Treat It Like a Utility

Harvard Business Review: Don’t Break Up Facebook — Treat It Like a Utility. “I contend that Facebook and firms like it have become natural monopolies that necessitate a novel, stringent set of regulations to obstruct their capitalistic overreaches and protect the public against ingrained economic exploitation. While this option does not exclude the possibility of also pursuing a policy of break-up, I believe it is the more important objective and must take precedence. To understand why, we can apply rules of thumb from traditional competition and antitrust policy analysis, in which policymakers consider the economic dynamics of the industry in a step-wise manner.”

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