But you can't mandate a business model/technology. SS7 and IP aren't legislated worldwide, they're in place because it is in the best interest of telecom compan

But you can't mandate a business model/technology. SS7 and IP aren't legislated worldwide, they're in place because it is in the best interest of telecom companies to be able to interconnect. Social media has no such incentive, so how could a regulated federated standard work? Even if it could, who would pay for / provide the development? The social media companies certainly wouldn't (https://xkcd.com/927/ https://xkcd.com/927/), and governments wouldn't for largely the same reason.