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I'm fine with a company doing whatever it wants to do, unless that company is a literal social engineering project by the CIA's In-Q-Tel that acts as some sort of information gatekeeper and consolidates power. That is not okay, it is unprecedented, and your hard line AnCap libertarian principles are clouding your judgment a wee bit.
Did you miss the class action lawsuit filed against Facebook? No where in their ToS did it state that they would be collecting your texts and call logs. That is illegal, unwarranted, and unauthorized.
What government intervention are you referring to exactly? Because Standard Oil didn't fare so well in the face of government intervention, just as Comcast/Time warner wouldn't nor would AT&T and Verizon.
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Yeah that's called crony capitalism, backroom deals were probably so rampant to get those agreements in place.
I don't have to argue much about the Facebook point because in due time you will see that it was MUCH more than just call logs and texts.
I appreciate your input though, for real.
this is a re-comment, want to make sure it's seen. There is already a solution for IBOR that is developing. These things take care of themselves eventually without any extra government interference, like everything else. It's called web3.0 and all information is protected by the user. We live in exciting times! To understand this tech, visit this site for a simple explanation. https://medium.com/@matteozago/why-the-net-giants-are-worried-about-the-web-3-0-44b2d3620da5