Greg's Corner

Zuckerberg: Facebook is not a monopoly

For the past two days, Facebook CEO Mark Zuckerberg testified before both houses of Congress in regards to the data breaches and scandals that have been in the public eye since the 2016 Presidential election. Zuckerberg’s total testimony added up to about ten hours of testimony in total, and in that ten hours not a lot of progress was actually made as Mr. Zuckerberg either tried to deflect the questions asked of him or would offer a nebulous explanation of how Facebook works.

However, that’s not to say there wasn’t some newsworthy information to come from Mr. Zuckerberg’s testimony. When Senator Lindsey Graham (R-SC) asked if Zuckerberg thought Facebook was a monopoly, Zuckerberg responded with “It certainly doesn’t feel like that to me.” When asked by Sen Dan Sullivan (R-AK) if Facebook was too powerful, Zuckerberg replied with the non-answer of “We need to have a conversation about the right regulation.” Yet in his testimony Zuckerberg claimed that “I started Facebook, I run it, and I’m responsible for what happens here.”

As we have seen through the election meddling, the Cambridge Analytica breach, and the ethnic cleansing of the Rohingya people through Facebook in Myanmar, the social media giant absolutely has too much power. It has so much power that Facebook isn’t even control of all of the power it possesses. The question that then needs to be asked is Mark Zuckerberg so insulated from his own company that he believes what he is telling Congress, or is he just an outright liar? No one man or company should hold such global power. Facebook needs to either rethink their business model or face possible regulatory wrath of Congress that hasn’t been seen since the breakup of AT&T.