- Today’s trustbusters don’t want to end monopolies just to increase competition. They believe breaking up monopolies is essential for a healthy democracy.
- One of those trustbusters is Tim Wu. He spoke to The Masthead for our series The Present Past. He revisited a gem from the archives: Leland Hazard’s 1961 “Are Big Businessmen Crooks?” (Spoiler: No. At least not in Hazard’s view.)
- Listen to an interview with Wu that accompanies this article. The audio is available on SoundCloud and in your members-only podcast feed. Here’s how to access it via your podcast player of choice.
Who You Gonna Call? Trustbusters.
By Matt Peterson
The New York Times reported on Friday that Facebook is planning to integrate its main messaging apps, Instagram, WhatsApp, and Facebook Messenger. Facebook’s critics immediately said that the company merely wants to exploit its monopoly over a suite of social-media services. The plan “makes antitrust harder,” the tech scholar Zeynep Tufekci wrote.
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