Should social media platforms be regulated as common carriers?
Core argument: Richard Epstein argues that Twitter and Facebook, though not pure monopolies, exhibit strong monopoly elements that warrant common-carrier-style regulation requiring service on fair, reasonable, and nondiscriminatory terms.
Richard Epstein argues that social media platforms like Twitter and Facebook, while not pure monopolies, exhibit strong monopoly elements that necessitate regulation akin to common carriers. The nondiscrimination principle, historically applied to monopolies, suggests these platforms should operate on fair, reasonable, and nondiscriminatory terms. Epstein highlights the paradox of asserting monopoly power while new entrants like Parler and Gab emerge, albeit with limited reach due to barriers like Apple's app store policies. This situation risks increasing political polarization as networks become ideologically segmented. Epstein suggests that market-driven solutions, such as new entry, are preferable to government intervention, which is unlikely given the political landscape.


