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It would be harder for a fledgling competitor to comply with an increased regulatory burden than it would be for Facebook. This is especially likely given that
by mattcdrake 7y ago
It would be harder for a fledgling competitor to comply with an increased regulatory burden than it would be for Facebook. This is especially likely given that Facebook would be influencing the regulation. That is one incentive for Zuckerberg to advocate for regulation even though he runs a monopolistic firm.
- cmdshiftf4 7y agoAbsolutely. Regulation for Zuckerberg, written by Zuckerberg's counsel, with loopholes accommodating Zuckerberg, and penalties that would be a mere cost-of-doing-business if raised for Zuckerberg. The US government needs dramatically less influence from moneyed lobbyists and tech powerhouses, not more. God help us if it goes the opposite direction. It would make the utter scandal that was the US government granting immunity to the telecom companies for facilitating widespread surveillance by the US government look like a child's game.