Economic point of view “It’s Time to Break Up Facebook” by Chris Hughes

A summary of NY Times Article titled: “It’s Time to Break Up Facebook” by Chris Hughes dated May 9, 2019 Must include why this monopoly is part of the economic market failure. In summation you must also include: 1. What is the policy or policy proposal 2. To what type of market failure does the policy respond(monopoly)? Think about why outcomes would be efficient or inefficient if producing this service were left to the market. Or, do you think there is no market failure and there is or is not some other justification to act? 3. Does this article provide information about how successful or unsuccessful this policy has been, if it has been enacted? 4. What other policy options would you see for addressing this policy problem? The paper should be 1375 words long