Chris Hughes, who helped co-found Facebook, left the company in 2007 and no longer owns stock, said the tech giant has become too powerful now.
He suggested the federal government needs to break up the company. "We are a nation with a tradition of reining in monopolies, no matter how well intentioned the leaders of these companies may be. Mark's power is unprecedented and un-American," Hughes writes. In fact, Hughes proposes spinning off Facebook-owned Instagram and WhatsApp into separate companies. Facebook's dominance is not an accident of history. The company's strategy was to beat every competitor in plain view, and regulators and the government tacitly - and at times explicitly- approved," he declared.
So he wants Congress to establish a new federal agency charged with protecting consumers' privacy online and establishing guidelines for "acceptable speech" on social media. He expressed the opinions inside an article Thursday in The New York Time. Hughes sustains privacy advocates and politicians from the right and the left who have called for federal antitrust action against Facebook. “I don't think that Mark Zuckerberg can fix Facebook,” Hughes said suggesting that only the government can do this.