The Facebook question

Breaking it up is likely to spur competition

Should social media giant Facebook (FB) be broken up into multiple companies? One of its co-founders, Chris Hughes, has said it should. He contends that this would not only foster competition but also give social media users a better chance at retaining privacy. The rationale behind the argument is interesting. Facebook is dominant in three social media spaces; it is very profitable and highly valued. The platform itself has 2.5 billion monthly users, most of whom also use FB Messenger service. Its subsidiaries, WhatsApp and Instagram, have around 1.5 billion users each. FB has used its money power to acquire