[MinusGix]

I think you're avoiding the alternative option, that there can be different levels of regulation based on size and power of a company.

There's a rather large difference between Twitter, which has a lot of people using it every day for information, and that of smaller companies. A company like Twitter can influence the fabric of society for good and bad by a large amount, but a smaller company has far less effect. A single standard is a simple approach, but that doesn't make it the best option.