Could Fed Regulation Of Facebook Have Unintended Consequences?


By James Pethokoukis 
American Enterprise Institute

Among my takeaways from Facebook boss Mark Zuckerberg’s whirlwind Washington tour is that Congress thinks the status quo is unsustainable. Of course some politicians might think the “status quo” is the data privacy reality before the pre-Cambridge Analytica scandal. But the social media platform has announced a number of steps to tighten things up since then.

None of those voluntary measures will stop legislators from trying to push new rules on Facebook.

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