Facebook’s Social Media Stronghold

Facebook in the antitrust spotlight
Francis Scialabba

The Brew is previewing tomorrow’s antitrust hearing by profiling each Big Tech company at the table. Last but not least…

Company: Facebook

Volunteered as tribute: CEO Mark Zuckerberg

The charges: Among many, regulators are concerned that Facebook’s repeated acquire-or-copy approach to up-and-comers in the social media space is stifling competition and limiting consumer choice. 

The rebuttal: You’re going after the wrong social media company, Congress. Facebook is actually a true American success story and the real threat is encroaching Chinese tech firms (see: ByteDance’s TikTok). 

Read the full story of Zuck vs. antitrust regulators. 

source : Morning Brew

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