Yes, some mere 10 years later politicians in the EU realize that FB should never have been allowed to take over WA/Instragram. The problem is, the politicians in charge at the time did probably not even use a smartphone and had no idea about the tech sphere.

In my opinion, FAMG (FAANG minus Apple and Netflix plus Microsoft) must be broken up. They all do use their market power to prevent competition, and they continue to use their money to buy competitors and/or startups that could compete one day.