Facebook shouldn’t be broken up; instead it should be subject to robust new regulations. That’s how the world’s largest social network is…
Facebook shouldn’t be broken up; instead it should be subject to robust new regulations. That’s how the world’s largest social network is responding to Facebook co-founder Chris Hughes’ call for the company to be pulled apart.
Hughes made his case Thursday in a front page editorial in The New York Times, saying that Facebook CEO Mark Zuckerberg has too much power and that the company has become a monopoly.
Now the social network’s VP for global affairs and communications, Nick Clegg, has responded with his own op-ed in the Times.
«Mr. Hughes is right that companies should be held accountable for their actions,» Clegg says in the Saturday editorial. «But the challenges he alludes to, including election interference and privacy safeguards, won’t evaporate by breaking up Facebook or any other big tech company. Fixing these problems requires significant resources — and strong new rules.»
The back-and-forth opinion pieces come as Facebook is being called out by critics for not doing enough to combat election meddling, misinformation and hate speech. The company’s enormous power, critics argue, needs to be kept in check.
