The chief executive officer’s first congressional testimony – roughly 10 hours answering to US Senate and House lawmakers over the past two days – kick-started a new era of government scrutiny of Facebook. Now Congress is waking up to what that freedom meant for Facebook Inc users. “Contrary to Mr Zuckerberg’s assertion, Facebook is a virtual monopoly and monopolies need to be regulated,” Graham said after the hearing. (File Photo)Luckily for Menlo Park, California-based Facebook, lawmakers aren’t aligned on exactly what regulation would look like, or if written laws or rules are even necessary. Some said they wanted Facebook to try its hand at self-regulation first, while others asked Zuckerberg to propose policies.

Source: Indian Express April 13, 2018 09:49 UTC