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[–] 1 pt

If he wants more regulation then I'm sure the specific wording of whatever is anti-competitive for startups. He doesn't want to be the next myspace and wants to price other startups outta the social media game.

[–] 1 pt

He doesn't want to be the next myspace

Nosebook will eventually end up like myspace, it's inevitable.

[–] 1 pt

He's looking to pull a VW though. VW Diesels lobbied to set the regulations surrounding diesel car manufacturers. The problem is that the law was only meant to check startups and provided no oversight for existing companies. VW only got caught b/c an independent study by a college professor busted them.