Monopoly
Microsoft researcher Danah Boyd doesn’t need much introduction as her outspoken and well-developed analysis is frequently quoted on this blog. Two long articles — each with many comments — react to the current Facebook privacy discussion:

Facebook and “radical transparency” (a rant) (14 May)
The battle that is underway is not a battle over the future of privacy and publicity. It’s a battle over choice and informed consent. It’s unfolding because people are being duped, tricked, coerced, and confused into doing things where they don’t understand the consequences. Facebook keeps saying that it gives users choices, but that is completely unfair. It gives users the illusion of choice and hides the details away from them “for their own good.”

Facebook is a utility; utilities get regulated (15 May)
What’s next is how this emergent utility gets regulated. Cuz sadly, I doubt that anything else is going to stop them in their tracks. And I think that regulators know that.