Facebook Ad Boycott Hands New Ammo to Legion of Washington Foes
- Bipartisan push to curb liability shield could pose major risk
- Shares recover even as Microsoft, Ford and Clorox join ban
This article is for subscribers only.
Facebook Inc. has succeeded for years in fending off critics and regulators in Washington who’ve complained about the company’s market power and its failure to protect privacy, police hate speech and curb political disinformation.
Now, a boycott by major advertisers and a subsequent slide in its shares are forcing the world’s largest social media network to reckon with the very issues that policy makers have long failed to resolve.