Reply to post: Re: "The reason big banks like more financial regulations."

Section 230 supporters turn on it, its critics rely on it. Up is down, black is white in the crazy world of US law

Yet Another Anonymous coward Silver badge

Re: "The reason big banks like more financial regulations."

>No, they don't. Look at the attempts to kill the agency to protect customers created after the crisis of 2008.

Look at all the mergers and takeovers of smaller regional banks since those laws were introduced

Don't take my word for it, ask the fed Bank Consolidation and Merger Activity Following the Crisis

Remember Facebook doesn't have to check the content of each post, it just has to prove that it followed the rules in Law3. and it's competitors didn't

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