5 ms·

There's probably nothing FB wants more than to be regulated into a monopoly

• jessaustin 8y ago
  So long as we don't have to log onto to FB to file our taxes or something, how much harm can the regulator really inflict on the general public? Assume it ends up being a regulator that's really talented at harming the general public, like FCC...
  • cjhopman 8y ago
    > how much harm can the regulator really inflict on the general public? They can make regulations on social networks that are infeasible to comply with for any company not making 10s of billions of dollars a year, effectively cementing facebook as the only legal social network. Whether you consider that a harm or not is up to you.
    • s73v3r_ 8y ago
      I think that's an insane stretch of what's really happening.
      • cjhopman 8y ago
        Sure. It was a reply to a (dismissive) question asking what's the worst a regulator could do... it wasn't necessarily meant to be a reflection of what's really happening.
        • jessaustin 8y ago
          The harm of (captured-)regulated monopolies is real, but we ought to save this argument for important targets like the Daughters Bell. I offered an admittedly far-fetched example of a possible harm from regulating FB, in the hopes that you could come up with a more plausible one. No such luck!