Medium: Targeting companies legislatively is bound to backfire

Elon Musk’s purchase of Twitter has spurred strong responses, largely along partisan lines. While politicians grapple with whether the action calls for praise or regulation, they should be careful not to miss the more subtle lesson that targeting specific companies with legislation is bad policy. Bipartisan support — in part due to conservative concerns over censorship — has helped drive forward antitrust legislation. However, now that Twitter’s new ownership seems set to placate some of those concerns, it remains difficult to stop the regulatory momentum Republicans have helped drive forward.

Published in its entirety in Medium.

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