Lindsey O. Graham

Goldberg: Tighter regulation would probably make Facebook more profitable

Goldberg: Tighter regulation would probably make Facebook more profitable

Here's a bet: Congress will end up "cracking down" on Facebook with "tough" regulations that Facebook will probably protest quite vigorously.

And then Facebook profits will go up.

Mark Zuckerberg, the founder and CEO of Facebook, withstood two days of questioning in Congress this week. You could tell Mr. Zuckerberg took it very seriously, not least because he shed his traditional T-shirt and hoodie in favor of a grown-up suit.

Again and again, he was asked whether he was opposed to regulation.

"You embrace regulation?" asked Sen. Lindsey Graham (R-S.C.).

"I think the real question, as the internet becomes more important in...

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