How To Properly Regulate Facebook

Following from our previous post ‘How Facebook Model is Addiction and Growth – and Why It Can’t Change‘, people talk more and more about regulating Facebook. But, as Frederic Filloux argues in his post ‘Facebook could actually benefit from a little regulation‘, that may come exactly at the right time for Facebook as it currently has a dominating position – by making harder for competitors to be compliant. This is further developed in Techcrunch ‘Regulation could actually protect Facebook, not punish it‘

 

“Why the hell would Facebook’s lider maximo welcome the intrusion of a regulator? Two reasons: it could help his business in the long run, and by the time any regulation takes effect, Facebook will have consolidated even further its already immense power.”

All agree that Facebook have very little to fear from the regulator, except if some sort of anti-trust approach would be used that would force the conglomerate to split in various entities. That was actually what allowed capitalism to overcome the large trusts and dominating capitalist companies at the beginning of the 20th century. Is forceful split of the large internet companies the solution?