How Mark Zuckerberg wants the U.S. government to regulate Facebook

Kai Ryssdal, Bennett Purser, and Liz Sanchez Apr 1, 2019
HTML EMBED:
COPY
Facebook CEO Mark Zuckerberg wrote an opinion piece in the Washington Post, which details the procedures he would like the government to use as its regulation standard. David Ramos/Getty Images

How Mark Zuckerberg wants the U.S. government to regulate Facebook

Kai Ryssdal, Bennett Purser, and Liz Sanchez Apr 1, 2019
Facebook CEO Mark Zuckerberg wrote an opinion piece in the Washington Post, which details the procedures he would like the government to use as its regulation standard. David Ramos/Getty Images
HTML EMBED:
COPY

Between the data scandals to the spread of fake news, Facebook has seen better days. The social network’s recent mishaps with user data is why CEO Mark Zuckerberg wrote an opinion piece in the Washington Post, which details the policy procedures he would like the government to use as its regulation standard. To unravel some of these privacy policies, Marketplace host Kai Ryssdal called Mike Isaac of the New York Times. Isaac wrote an annotated analysis of Zuckerberg’s post, which included four main policy areas: harmful content, election integrity, privacy and data portability. The plan was “self-serving,” and might protect Facebook from, say, a tech breakup.

“So I think the biggest worry for Facebook right now is this looming suspicion that regulators might look back on the past 10 years and be, like, ‘Wow, you know Facebook has acquired Instagram, they acquired WhatsApp, they have basically what might be called a monopoly on social networking,’ ” Isaac said. “So will they be able to look back at this and maybe retroactively even breakup the companies?”

Click the audio player above to hear the interview.

We’re here to help you navigate this changed world and economy.

Our mission at Marketplace is to raise the economic intelligence of the country. It’s a tough task, but it’s never been more important.

In the past year, we’ve seen record unemployment, stimulus bills, and reddit users influencing the stock market. Marketplace helps you understand it all, will fact-based, approachable, and unbiased reporting.

Generous support from listeners and readers is what powers our nonprofit news—and your donation today will help provide this essential service. For just $5/month, you can sustain independent journalism that keeps you and thousands of others informed.