George Soros says social media companies should be regulated like utilities

George Soros says social media companies should be regulated like utilities

“They claim they are merely distributing information. But the fact that they are near- monopoly distributors makes them public utilities and should subject them to more stringent regulations, aimed at preserving competition, innovation, and fair and open universal access,” he said.
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“There could be an alliance between authoritarian states and these large, data-rich IT monopolies that would bring together nascent systems of corporate surveillance with an already developed system of state-sponsored surveillance,” he said. “This may well result in a web of totalitarian control the likes of which not even Aldous Huxley or George Orwell could have imagined.”

Source: George Soros Just Launched A Scathing Attack On Google And Facebook

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