Yeah but it makes it way harder for private sector companies to compete
If Facebook is regulated by Congress or the EU, do you think will this strengthen or weaken its position relative to its competition?
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Not even sure who to define as its competition
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What kind of regulation are you thinking of?
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Get 'em involved in regulating the tech on which it runs too - government is going to be as good at the hardware as the software. I'd love to see congress "improve" the iPhone with some more regulations. Let's have every national government on the planet regulate all the things!!
End of conversation
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I think it could easily go either way based on the specifics of the regulation.
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The EU would *try* to weaken FB. It dreams of a Brussels or Berlin start up scene that would produce a European social media titan. They have many committees working on bringing such companies about...
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Regulation strengthens incumbents because on the absence of a persistent political pull, regulatory capture is the default outcome.
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