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Should social media platforms be regulated such as public utilities?
04/01/12
09:53:41 am, by editor of MarketObservation.com 
, 116 words 
Categories: Economics United States, Economics Global
"Are social networking sites like Facebook, LinkedIn, and Twitter “information monopolies” that should be regulated as public utilities? While calls for social networking regulation are on the rise, there are good reasons why policymaker should avoid the rush and rethink classifying them as “public utilities.” Public utility regulation has traditionally been the arch-enemy of innovation, and this could have lasting effects on such a dynamic industry. Treating today’s leading social media providers as essential facilities threatens to convert predictions of “natural monopoly” into a self-fulfilling prophecy."
Keywords: Social Media Sites, Regulation of Social Media, Public Utilities
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