Watch now as Telecom, Media Policy, and Legal Analyst Paul Glenchur discusses the effects of government regulation on dominant social media companies.
“The FTC believes that these big social media platforms, and even Amazon, have too much valuable data that gives them a strategic advantage over everyone else," notes Glenchur. "They are talking about limiting this data collection and disincentivizing it by banning micro targeted digital ads, which goes right to the heart of their monetization.”
“Moving this to the Supreme Court for a full-blown debate, without knowing what the middle ground is puts it in the wrong rate of change space if you are these social media stocks,” states Hedgeye CEO Keith McCullough.
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