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Facebook Needs Regulation to Win User Trust, Zuckerberg Says

  • Zuckerberg caps off Europe trip with visit to Brussels Monday
  • Company details call for new Internet rules in white paper
Bloomberg business news
WATCH: Ahead of the release of the so called 'white paper' the EU tech czar Margrethe Vestager met with Facebook's Mark Zuckerberg. Maria Tadeo reports.(Source: Bloomberg)
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For years, Facebook Inc. lobbied governments against imposing tough regulations, warning in some cases that they could harm the company’s business model. Now, it’s pleading for new rules for the good of its business.

In a white paper published Monday, Facebook detailed its push for internet regulation, calling on lawmakers to devise rules around harmful content, a different model for platforms’ legal liability and a “new type of regulator” to oversee enforcement.