There has been a lot of talk lately about breaking up Facebook and other tech giants. There have been many politicians and business leaders who have been weighing in with their opinions on the hot topic. The people who are in favor of breaking up Facebook say that it has become much too big and powerful. The fact that Facebook also owns both Instagram and WhatsApp only makes this argument stronger. However, there are many people who believe that a successful company like Facebook should not be punished for being successful.
Not surprisingly, one of the people at the forefront of the movement to keep Facebook intact is the chief operating officer of the company, Sheryl Sandberg. She said in a recent interview that breaking up big tech companies like Facebook will not solve many of the underlying issues. Senator Elizabeth Warren is one of the people who wants the big tech companies to have much of their power removed. She has made the breaking up of big tech companies one of her main presidential campaign issues. Sandberg believes that increased regulation would be a preferable option instead of breaking up the company. Regulation would allow the government to keep a close eye on what Facebook is doing at all times.
Sandberg should not worry too much about any imminent breakup of Facebook. It is not going to happen any time soon, if it happens at all. Many things would need to happen before Facebook or any other big tech companies get broken up. The presidential election is not until November of 2020. Therefore, it would be until at least until January 2021 that Elizabeth Warren would have the power to get the breakup of Facebook in motion. That is assuming she wins the election, which is highly unlikely.
Many of the other politicians who are competing for the presidency have not given a clear stance on the issue of breaking up big tech companies. This is because they want to wait and see which way the wind is blowing on this issue before they make a commitment one way or the other. That is the way things usually work in politics. Sandberg said that one issue that people are not paying close attention to is the size of Chinese tech companies. She said many of them are enormous and there is no way the Chinese government is going to break them up.