Corporate Regulation Necessity

Companies complain about regulation while behaving in ways that demand it.

It's almost like we need regulations to counteract what are otherwise inevitable consequences of profit maximization!

Regulations are never for particular companies, that would be legally untenable. Whatever regulation a country comes up with for Facebook will also affect any other company trying to get into their footsteps. Regulation is the only way to prevent companies from abusing their positions of power. The idea is illusory that they would do it voluntarily even if they could make a profit. Some of them might under some leadership, but not in general and not all of them.

Yes this is why companies should be regulated.

Not to be snarky but companies like this are doing the lords work in that they're ensuring regulation comes fast and hard.

>This is a lovely company you have, it would be a shame if we had to regulate it.

Maybe this company needs regulation. I think the benefit of the doubt can be used to hide reason.

Show me a corporation that would whole heartedly support regulation of the market they're in.

It's even (often) in company's selfish interest to have regulation so that they aren't forced into a race to the bottom.

It's repulsing that this kind of thing happens. It's because of the greed and sleaziness of companies like that that we end up needing regulation.