You are here

How not to take Facebook to task

Government regulation disregards the relentless changes taking place in technology and will retard innovation; Facebook and other tech giants need to do their own housecleaning

It is the laissez faire approach which Washington has employed in its dealings with Silicon Valley that has made it possible for Facebook to innovate and prosper.

UNLIKE the American oil giants, this company does not seek the protection of the US military. Unlike the nation's car industry, it does not depend on government subsidies. And unlike the big banks, it never pleaded with Washington to provide it with a bailout.

Which bring us to our two...

Market voices on: