(11 Apr 2018) Facebook CEO Mark Zuckerberg says he believes it is "inevitable" that there will be regulation of his industry.
Lawmakers in both parties have floated possible regulation of Facebook and other social media companies amid privacy scandals and Russian intervention on the platform. It's not clear what that regulation would look like.
Zuckerberg said at a House hearing Wednesday that it is "inevitable that there will be some sort of regulation." But he warned that lawmakers should be careful in what they propose. He noted that larger companies like Facebook have more resources to comply with regulations than small startups.
Zuckerberg also said his Facebook data was included in the personal information sold to malicious third parties, a reference to the Cambridge Analytica scandal.
Zuckerberg was answering a question from Rep. Anna Eshoo, a Democrat from California.
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