If Facebook is problem, is social media regulator the fix?

Facebook whistleblower Frances Haugen told Congress on Tuesday that one option for making social media less harmful would be to create a dedicated regulatory agency. How social media companies should be regulated has been a topic of intense debate among lawmakers, regulators and experts. Facebook, the world’s largest social network, has been blasted by over a lack of transparency into how its platforms work, its handling of user data and the impact of its sites on users.

source https://timesofindia.indiatimes.com/business/international-business/if-facebook-is-problem-is-social-media-regulator-the-fix/articleshow/86855904.cms