Platforms need to be regulated and not with the anti-trust laws created to deal with industries before software even existed. We need a new Sherman or Clayton act specifically for platforms. You can split them out, social media platforms over X users are regulated in this way. Marketplaces over x users are regulated in this way. We cannot rely on platform owners to update policy in response to mounting public pressur…
No. God no.
Regulation has its place. But regulation is also a slooow bureaucratic process. Regulators have no incentive to change with market conditions and in a fast moving industry will be a hindrance in no time. They also increase the cost of development benefiting the big guys that can afford an army of HR, Regulatory and Legal people to handle compliance.