Facebook has the money to hire lobbyists. Any bill passed through Congress with Facebook as its target will (amazingly, surprisingly) serve mostly to entrench and enrich it. Whatever limitations are included will be miraculously avoided by Facebook and will completely destroy any nascent competitors.
No I don't know how they'll do it. Lobbyists must be craftier than the average citizen, because although their actions have the same results every time it's always seen as a surprise when e.g. a new Federal Communications Act eventually transfers billions of dollars to Ma Bell's two daughters.
The only way such a bill could actually fulfill its stated aim would be if someone whose interests were diametrically opposed to Facebook's commercial success spent more money on lobbyists than Facebook could. That simply isn't going to happen.
One way the lobbyists avoid hammering Facebook is to argue that weakening Facebook means strengthening "Chinese" competitors, however true it is.
I'm thinking that Chinese tech like TikTok/Bytedance is more used to policing content compared to their American counterpart. My observation is that TikTok is more prone to banning users rather than say FB.
No I don't know how they'll do it. Lobbyists must be craftier than the average citizen, because although their actions have the same results every time it's always seen as a surprise when e.g. a new Federal Communications Act eventually transfers billions of dollars to Ma Bell's two daughters.
The only way such a bill could actually fulfill its stated aim would be if someone whose interests were diametrically opposed to Facebook's commercial success spent more money on lobbyists than Facebook could. That simply isn't going to happen.