Antitrust Subcommittee Recommends Major Changes to Facebook

After a 16-month investigation, the House Antitrust Subcommittee has found that Facebook, Google, Apple, and Amazon do hold ‘monopoly power’ over their respective markets, and has proposed significant changes to address how they operate. That could lead to major shifts for each of the tech giants, and potentially, a break-up of their core operations. For Facebook, that…