More From Eric Dixon at http://www.NYBusinessCounsel.com

Support Independent Investigations With Bitcoin:
Send Bitcoin Here: 171GMeYRD7CaY6tkXs8dSTjLbAtFazxhVL

Top 50 Twitter Rank of Worldwide Startup Advisors For Much of 2014
. Go to my professional site for solutions to your legal, business and strategic problems. The only lawyer who is a co-inventor of multiple, allowed-for-grant patents on blockchain technology!!! Blockchain and Digital Currency Protocol Development --
Top Strategic Judgment -- When You Need A Fixer -- Explore Information Protection and Cryptographic Security -- MUST-WIN: JUST DON'T LOSE -- SURVIVE!: Under Investigation? Being Sued? Handling Extreme Stress -- Corporate Issues -- Startup Issues -- Investor Issues -- Contracts To Meet Your Needs -- Opposition Research -- Intellectual Property, Media and Reputation Issues -- Independent, top-notch legal, strategic and personal advice -- Extensive ghostwriting, speechwriting, book writing, issue research, press and crisis management services. Listed by American Bar Association's Law Bloggers (Blawgers). Contact EDixon@NYBusinessCounsel.com. European Union audiences: This site uses a third party site administrator which may use cookies but this site is intended for AMERICAN clients and prospective clients only!

Tuesday, April 10, 2018

Is Social Media A Public Utility? Questions and More Questions

Facebook founder Mark Zuckerberg is about to begin his testimony before a United States Senate subcommittee about topics including Facebook's granting of access to third party data aggregators.

Perhaps lost in the news, and the outrage, are issues about the parties involved, including members of the general public, worldwide.

I list these issues just to remind readers of the basic elements of these parties, and their significance which is lost among the headlines.

1. Social media platforms are private businesses, and this is true even for businesses with classes of equity registered and trading publicly (e.g., Google, Twitter, Facebook).

2. Social media platforms are not instrumentalities or agencies of any government.

3. Even if government agencies have registered accounts, the platforms themselves are not "state actors." The state actors are the accountholders, whom, we trust, are individuals authorized to act on behalf of their employer (the agency).

4. No individual has been forced or compelled to join or participate on -- or remain on -- any social media platform.

Given the above, now let's evaluate the questions of whether these social media companies are "so big" they need to be regulated.

Is the real debate, unspoken but present nonetheless, obscuring what is a competition among Big Data and Big Government to see which gets to become the preeminent gatekeepers to people's data?