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19. February 2019

Is the tide turning on regulating Facebook and Google?




Facebook and Google are modern utilities – and natural monopolies – so they need a utility regulator. Let me start with two quotes, six months and a continent apart. The first is from the current chief executive of OFCOM, who told the Cambridge RTS Conference last year that while she believed that Facebook and Google were media companies, she didn’t “think regulation is the answer because I think it is really hard to navigate the boundary between regulation and censorship of the internet”. Six months later, in an interview with CNN, Facebook’s founder Mark Zuckerberg said “I’m not sure we shouldn’t be regulated“.



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