I’m strongly inclined to disagree. I generally find that the best way to prevent an organization from abusing its power is to deny it power.
If we split insta from FB, what incentives change that will cause a change in behavior?
It’s my external opinion that the real issue is the combination of the ad sales platform with the social media. If Instagram wasn’t owned by a company with an ad sales program, they would not have the capability to do what Facebook does today.