Tech industry “regulation is overdue,” writes Nick Clegg, the former British deputy prime minister turned Facebook vice president of global policy. In an op-ed for CNBC today, Clegg declared that “for too long, many of these important issues”—privacy, competition, data rights—“have been left to private companies to deal with alone.” Facebook, which, besides Google, exercises more influence over what people see and read than any other entity in the world, is horrified by these developments—which apparently had nothing to do with it—and ready to hammer out a deal with government regulators.As Clegg’s op-ed demonstrates, we’ve reached the stage in the battle over the power of Big Tech when even
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