Instagram founders say breaking up tech firms may not fix issues


  • TECH
  • Tuesday, 12 Mar 2019

Instagram set out to thwart duplicity with an option to authenticate high-profile accounts at the Facebook-owned image or video sharing social network. — AFP Relaxnews

Instagram co-founders Mike Krieger and Kevin Systrom said the government should decide what problem it’s trying to solve before it moves to break up giant tech companies. 

Krieger, responding to a proposal by Democratic Senator Elizabeth Warren to split Facebook Inc, Alphabet Inc’s Google and Amazon.com Inc, said the companies pose different questions for regulators and lawmakers. Facebook’s ownership of multiple social media apps isn’t the same issue as the potential antitrust conflict with Amazon’s private-label business, or the structure of Apple Inc’s app store. 

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