Facebook white paper calls for ‘new type of regulator’ for the good of its business
Big business, contrary to what we are often told, (often) likes regulation. Regs are written by lobbyists. Lobbyists usually work for private interests.
(From The Hill)
Facebook is calling for a “new type of regulator” for social media platforms in a white paper published Monday after years of the tech giant lobbying against tighter regulations.
Facebook said any new regulations should hold internet firms responsible for putting certain procedures in place and called for platforms to meet specific performance goals for handling content in violation of their policies, Bloomberg reported.