Chris Hughes said Facebook, Instagram, and WhatsApp should be divided into three distinct, publically traded companies.
— said the social network must be broken up to protect users and boost competition in the market.
Hughes said Zuckerberg has created a"leviathan that crowds out entrepreneurship and restricts consumer choice," while his"unprecedented and un-American" personal power goes almost totally unchecked. Zuckerberg is Facebook's CEO, chairman, and controlling shareholder. Hughes said Facebook, Instagram, and WhatsApp should be divided into three separate publicly traded companies. Over time, Zuckerberg and other executives should"probably be required to divest their management shares," he added.Mark Zuckerberg is facing a historic threat to his power as part of a $3 billion Facebook privacy settlement
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