Facebook Co-Founder Chris Hughes Calls for Break Up

Facebook Co-Founder Chris Hughes Calls for Break Up

Assessment

Interactive Video

Business, Social Studies

University

Hard

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The transcript discusses Chris Hughes' editorial advocating for the breakup of Facebook due to its monopolistic power. It explores the legal challenges and feasibility of such actions under current antitrust laws, highlighting the roles of the FTC and DOJ. The discussion also covers the difficulty of reversing Facebook's acquisitions of Instagram and WhatsApp, and the challenges in proving anticompetitive conduct without new legislation.

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2 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

How does the text describe the historical context of antitrust laws since the Sherman Act was passed?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

What does the text suggest about the evidence required to prove anticompetitive effects after acquisitions?

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