WILL REGULATORS FORCE FACEBOOK AND GOOGLE TO BE BROKEN UP?

Friday, December 28, 2018
it's going to be another interesting year for the web Here is the question we're asking about the next 12 months in technology.


WILL REGULATORS FORCE FACEBOOK AND GOOGLE TO BE BROKEN UP?

2018 wasn't a great year for the web giants Facebook was heavily criticized over the Cambridge Analytica scandal, with demands for Mark Zuckerberg to explain his company's actions to Parliament. Meanwhile, Google's CEO Sundar Pichai was hauled before US Congress to answer questions about its data collection and process for producing results, amid accusations of bias. And European Commissioner for Competition Margrethe Vestager hit Google with a 4.3bn fine regarding the market dominance of Android.

One concern is that even if web users are displeased with Facebook or Google's behavior, we're all but locked in - it's one thing to ditch Facebook, but are you ready to give up Messenger, WhatsApp, and Instagram as well? Given the current political climate, it's not likely that regulators will break up the tech giants, though the threat may be wielded as motivation to improve in other areas, such as with privacy and battling hate speech.

Facebook and the other tech monoliths could curry favor by selling off or spinning out their previously acquired businesses such as Instagram, but given that the photo-sharing platform's popularity continues to grow while Facebook's wanes, that seems unlikely. However, they may shy away from any major public acquisitions in the coming year. Twitter and Snapchat aren't necessarily up for sale, but if they were looking for a buyer, there'd be a guaranteed antitrust case if any tech giant put in a bid.

Conclusion: Facebook and Google will remain behemoths but their invincible growth may be curbed

2 Comments

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