Regulation 'may hurt Facebook’s business in the near term,' but 'be better for everyone' over the long term, Mark Zuckerberg says.
Facebook Inc.’s Mark Zuckerberg is once again calling for more regulation of Big Tech, even if it affects his company’s bottom line.
Zuckerberg has previously called for more government regulation of internet companies, and reiterated his arguments in favor of laws covering four major areas: elections, harmful content, privacy and data portability. Zuckerberg warned that regulation could have “unintended consequences, especially for small businesses that can’t do sophisticated data analysis and marketing on their own.”
Zuckerberg is in Europe, where he spoke at the Munich Security Conference in Germany on Saturday and is scheduled to meet with the European Union’s executive commission in Brussels on Monday.
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