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I’m no lawyer, but how is a FREE service a monopoly? Isn’t Apple a monopoly since you can’t create an app without their permission? Waste of resources if you ask me.
In the case of Apple, you have alternate phones which you could create apps for; specifically, Android phones.
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And in the case of something being free not being a monopoly, it still has value. Otherwise, Zuckerberg wouldn’t be a person who has a net worth in the top 5-10. In a way, his hands are tied a bit – wearing gold handcuffs. He’s remarked a number of times that he’d like to liquidate some of his holdings, yet the amount of stock he’d need to convert would make his ownership of Facebook less than 50% and make him vulnerable to someone else calling the shots and he’s not about to do that.
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Instead of selling off Instagram, I’m a proponent of what Bork wanted to do when Microsoft was facing monopolistic charges: The “Huey, Dewey, and Louie” proposal:
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You create three copies of their systems and let each determine their own course, whether it be to replicate the original business or set sail in a different direction.
Why are we after a service that is 100% optional. You don’t have to have an FB account and I know of people recently deleting theirs to voice their displeasure. I’m not sure about this company needing regulation, but without a doubt Google should be the number one antitrust target. It will be interesting to see with all the government influence they’ve purchased if anything will be done with them.