The Costs of Regulation

Libertarians should be wary of companies that ask for regulation. Facebook has made its own platform compliant with a proposed bill called the honest ads act, which would regulate political advertising on line. The last thing you want is regulation that's going to lock in those business models and force every new competitor to essentially follow in their footsteps. It just provides another incentive for smaller companies to sell to big companies. And so don't think it solves the real competition problem at scale as company's get bigger.