It's certainly not limited to Facebook. Uber, Lyft, AirBnB, Theranos (to a lesser extent), and countless other companies are operating with a mindset of "ignore the regulations, break the law, society will catch up." Regardless of whether or not you agree with the regulations being broken, they are largely in place for a reason. Sometimes it's a good reason, sometimes it's not. The penalties are rarely enough to deter people chasing a profit.
Let's stop treating "the rules don't apply to me" like an innovative business idea, and call it what it is: behaving like a child.