You're right on the technicals, but the GP is right in spirit.
It seems like society needs a term for the concept of a company accumulating far too much power, and that we need laws similar to anti-trust laws, that apply to these companies. This is an incredibly difficult problem to address specifically because FB is not a classic monopoly. I'm not even sure what it would mean to "break them up".
Amazon, MS, Apple, and Google are all far easier to split up. Each company has logical seams to split at (i.e., aws/retail, gcp/search/android, itunes/devices, etc). You could split FB and insta, but that doesn't really curb FB's power and influence at all.
It seems like society needs a term for the concept of a company accumulating far too much power, and that we need laws similar to anti-trust laws, that apply to these companies. This is an incredibly difficult problem to address specifically because FB is not a classic monopoly. I'm not even sure what it would mean to "break them up".
Amazon, MS, Apple, and Google are all far easier to split up. Each company has logical seams to split at (i.e., aws/retail, gcp/search/android, itunes/devices, etc). You could split FB and insta, but that doesn't really curb FB's power and influence at all.