Tim Wu Explains Why He Thinks Facebook Should Be Broken Up
Last week, at the Aspen Ideas Festival, I interviewed Tim Wu, a professor at Columbia Law School and author of a new book called The Curse of Bigness. And if you have smaller platforms, they won't be able to do things like hire 30,000 people to find all the bad stuff on Facebook. Argument number two: If you break up the large American tech companies, you will give an advantage to China, because there are certain technologies where you need large companies. Number three: Tim, you have very specifically said that the antitrust remedy to Facebook is to split apart Facebook, WhatsApp, and Instagram, to unwind those mergers. And it's a big part of what we did in in 1890, in 1914, and again in 1950: pass antitrust laws, the goals of which were to put some controls on private power, and to keep markets competitive and prevent them from just becoming two or three big players.
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