Facebook breakup could help rivals in China, says Sheryl Sandberg
Facebook chief operating officer Sheryl Sandberg said Friday a breakup of big US technology would not address “underlying issues” facing the sector and suggested that such a move could help rivals in China.
Sandberg, interviewed on CNBC television, was asked about the latest calls to break up Facebook and other major Silicon Valley firms which dominate key sectors.
“You could break us up, you could break other tech companies up, but you actually don’t address the underlying issues people are concerned about,” Sandberg said in the interview.
Sandberg said the social network used by more than two billion people was working to address concerns about election security, online violence promotion and data protection, but that a breakup might only serve to help competitors from China.