Skip to content
City PM
  • Germany
  • France
  • Europe
  • Markets
  • Business
  • Opinion
  • Germany
  • France
  • Europe
  • Markets
  • Business
  • Opinion
Thursday 09 May 2019 5:05 pm  |  Updated:  Wednesday 05 June 2019 9:04 am

Facebook co-founder joins chorus of voices to break up the company

Facebook co-founder Chris Hughes has echoed calls to break up the social media giant amid a rise in anti-trust and data privacy concerns surrounding big tech.

Hughes, a former roommate of chief executive Mark Zuckerberg, called his power "unprecedented and un-American" in an opinion piece for the New York Times.

"We are a nation with a tradition of reining in monopolies, no matter how well intentioned the leaders of these companies may be," he added.

Read more: Facebook ditches blue banner in privacy-focused redesign

His comments follow those of US senator and Democratic presidential candidate Elizabeth Warren, who vowed to break up the FAANGs – Facebook, Apple, Amazon, Google and Netflix – if elected next year to promote competition in the tech sector.

Facebook's network of apps, which includes Instagram, Whatsapp and Messenger, has more than 2bn users worldwide.

Read more: Facebook braces for $5bn hit after privacy scandals

"Today’s big tech companies have too much power—over our economy, our society, & our democracy. They’ve bulldozed competition, used our private info for profit, hurt small businesses & stifled innovation. It's time to #BreakUpBigTech," Warren said on Twitter today.

Hughes said he felt "a sense of anger and responsibility" that Facebook has been at the centre of a string of data scandals and been slow to respond to threats of fake news, election meddling and violent rhetoric on its platform.

"Facebook accepts that with success comes accountability. But you don’t enforce accountability by calling for the break up of a successful American company," Facebook spokesman and former deputy prime minister Nick Clegg said in a statement.

"Accountability of tech companies can only be achieved through the painstaking introduction of new rules for the internet. That is exactly what Mark Zuckerberg has called for."

 

 

Share this article

  • Facebook
  • X
  • LinkedIn
  • WhatsApp
  • Email

Similarly tagged content:

Sections

  • News

Categories

  • Tech

Related Topics

  • Facebook
  • Mark Zuckerberg
  • People

Trending Articles

  • Top Burnham adviser calls for capital gains and inheritance tax hikes

  • A meeting with the breakfast king of Mayfair

  • Clarkson’s Farm and why businesses must stop blaming the weather

  • As it happened: Supreme Court blocks Trump sacking; Andy Burnham vows ‘greater public control’; Comcast spin-off

  • BT tops FTSE 100 after finding new home for international business with Verizon joint venture

More from City PM

  • Social media ban may push children to ‘darker corners of the internet,’ lawyers warn

    Legal
    Australia's policy, which came into force in December and bars children under 16 from major platforms including Tiktok, Instagram, Snapchat and X.
  • Musk brands UK a ‘police state’ as Big Tech rebels against Starmer’s social media ban

    Tech
    Getty Images logo on a digital screen, symbolizing media and photography industry presence in news and business contexts
  • Allianz tech blitz dethrones AXA to claim Europe’s insurance AI crown

    Insurance
    Allianz is set to cut 650 jobs in the UK.
  • Bluesky bets on the end of X and Meta’s social media grip

    Tech
    Elon Musk owns X
  • ‘Protecting children is right’: Starmer takes on Big Tech with social media ban for under-16s

    Politics
    Keir Starmer speaks in Downing Street
  • Oracle slashes 21,000 jobs amid AI embrace as tech sell-off rocks Asia

    Tech
    Oracle Headquarters in Austin displaying modern architecture with a scenic view, reflecting its tech industry presence.
  • London Tech Week day two: Talent alone won’t be enough

    Opinion
    Getty Images gallery showcasing recent business trends and innovations in technology with diverse professionals collaborating
  • Circus can be a Star attraction in the Plate

    Sport
    Richard Hughes speaking at a business conference with a presentation slide in the background, wearing a suit and tie.

City PM — European politics, business and analysis.

Europe

  • Germany
  • France
  • Europe
  • UK & Ireland

Topics

  • Business
  • Markets
  • AI
  • Technology
  • Opinion
  • Energy

More

  • Politics
  • Economics
  • Fintech
  • Legal
  • Sport
  • Life

Company

  • About City PM
  • Editorial Policy
  • Corrections
  • Contact
  • Terms of Use
  • Privacy Policy
  • Cookie Policy
© 2026 City PM · Published by CityPM Media, Bahnhofstrasse 65, 8001 Zürich, Switzerland
About · Editorial Policy · Corrections · Contact · Privacy