Facebook’s staggering dominance of social media is a thorn in the side of its competitors, governments and anti-monopoly advocates. Recently, one of Facebook’s co-founders, Chris Hughes, in a New York Times editorial, called for the company’s break-up on moral grounds. Immediately, the idea came under attack from Mark Zuckerberg as well as mainstream tech journalists. A friend just told me, “Dude, are you serious? Mark couldn’t do wrong. After all, he pledges to donate 99% of his shares to charity.” (The fallacy has a name: “appeal to accomplishment.”) Why Is It Important to Break Up Facebook? Refer to the Hughes article again where he gives… Read more