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+0Professor Who Coined Term 'Net Neutrality' Thinks It's Time To Break Up Facebook (theverge.com)       null/SLASHDOT/0102640274                70\r
+i  Thursday September 06, 2018 @11:30PM (BeauHD)\r
+i  from the easier-said-than-done dept.\r
+i\r
+i    pgmrdlm  shares a report from The Verge: Best known for coining\r
+i    the  phrase  "net  neutrality"  and his book The Master Switch:\r
+i    The  Rise  and  Fall  of Information Empires, Wu has a new book\r
+i    coming  out  in November called The Curse of Bigness: Antitrust\r
+i    in  the  New  Gilded  Age.  In it, he argues compellingly for a\r
+i    return  to  aggressive  antitrust  enforcement  in the style of\r
+i    Teddy  Roosevelt,  saying  that  Google,  Facebook, Amazon, and\r
+i    other  huge  tech  companies  are a threat to democracy as they\r
+i    get  bigger and bigger. "We live in America, which has a strong\r
+i    and  proud  tradition of breaking up companies that are too big\r
+i    for  inefficient reasons," Wu told me on this week's Vergecast.\r
+i    "We  need  to  reverse  this  idea  that  it's  not an American\r
+i    tradition.  We've  broken  up dozens of companies." "I think if\r
+i    you  took  a  hard  look  at  the  acquisition  of WhatsApp and\r
+i    Instagram,  the argument that the effects of those acquisitions\r
+i    have  been  anticompetitive would be easy to prove for a number\r
+i    of  reasons,"  says Wu. And breaking up the company wouldn't be\r
+i    hard,  he  says.  "What  would  be  the harm? You'll have three\r
+i    competitors.  It's  not  'Oh my god, if you get rid of WhatsApp\r
+i    and  Instagram,  well  then  the  whole  world's  going to fall\r
+i    apart.'  It  would  be  like 'Okay, now you have some companies\r
+i    actually  trying  to  offer  you  an alternative to Facebook.'"\r
+i    Breaking  up  Facebook  (and  other  huge  tech  companies like\r
+i    Google  and  Amazon)  could  be  simple  under the current law,\r
+i    suggests  Wu.  But  it could also lead to a major rethinking of\r
+i    how  antitrust  law  should  work  in  a  world where the giant\r
+i    platform  companies  give their products away for free, and the\r
+i    ability  for  the  government to restrict corporate power seems\r
+i    to  be diminishing by the day. And it demands that we all think\r
+i    seriously  about  the  conditions  that  create  innovation. "I\r
+i    think  everyone's  steering way away from the monopolies, and I\r
+i    think it's hurting innovation in the tech sector," says Wu.\r
+i\r