Regulation over data is needed, but the horse has already bolted

As the Facebook scandal heads into a second week calls for regulation and greater oversight in the industry are getting louder, but we’re not too sure it will make a difference.
CEO Mark Zuckerberg is the worst man on the planet, Facebook is the most despicable company around and the curtain covering the shadowy corners of the social media machine has been pulled back. Joe and Jane Bloggs feel violated, but the government and European Commission are here to save you.
This has been the prom