[Yetanfou]

No regulation needed, just avoid using their 'services' and block anything facebook at the point of access. They might keep 'shadow profiles' and use facial recognition to find you on images posted by others but if you keep them out of your network they can have a ball trying to target their advertising at that closed door.

Not that I allow any advertising here, mind you - everything is blocked at the router (ipset [1] comes in handy here), at the client and in the browser. This works at home as well as abroad since I route all my data through a VPN (OpenVPN) terminating at my router.

[1] http://ipset.netfilter.org

[pimmen]

Then it definitely sounds like regulation is required, the vast majority of Facebook's users don't know how to do all that. The public should not have to protect themselves from unethical companies, the companies should have to stop with their unethical behavior lest the government shuts them down.

Drawn to its logical extreme, you don't need regulation to be protected from racketeering if you run a restaurant either, you can just hire private security and arm yourself.