Facebook should be broken up. A number of small Facebook rivals and defunct app developers say in an anti-trust lawsuit that Facebook is running "one of the largest monopolies ever seen in the United States." And they have a dramatic and unorthodox fix: Force Facebook founder and CEO Mark Zuckerberg to sell his controlling shares in social media giant. The companies, which include the owners of now-defunct dating app LikeBright, say in a lawsuit filed Thursday that Facebook is carrying out the "most brazen, willful anticompetitive scheme in a generation" and its end game is nearly complete. They say the only way to stop Facebook's "unlawful monopoly" is for Zuckerberg to be forced to sell his majority Facebook stake.
"It's not a normal remedy," said New York University Law professor Eleanor Fox, who is an expert on anti-trust regulation. "It's not a remedy that I have heard of before, but [Facebook and others] are new forces of power in our economy and we may need to target new ways to curb that power."