Facebook Loses EU Friends as Bloc's Lawmakers Weigh Break Up
- CEO Zuckerberg quizzed on monopoly power by politicians
- Company faces new regulation and antitrust enforcement
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Facebook Inc.’s founder Mark Zuckerberg probably realized he was on unfriendly territory when European Union lawmakers at Tuesday’s hearing threw in an early question: Can you tell us why your company shouldn’t be broken up?
After the smiles, selfies and handshakes, two of the assembly’s top legislators said Facebook’s monopoly power should be looked at by antitrust officials -- three years after parliamentarians urged regulators to weigh splitting up another Silicon Valley giant, Google.