Didn't Twitter and Google already stated they want regulation? They are one of the few companies that actually can facilitate any form of large scale content scanning. Such mechanisms take years to develop if you even get the critical data needed.
Saying you want regulation is a classic of DC lobbying. Exxon wants “regulation” too. What it means in practice is that they want to be part of the conversation in choosing what regulations get passed, so actual serious regulations don’t make their way through.
Hm, would make sense. Can't loose anything and they would always have an advantage to competitors.
Companies only want regulation when it boxes out competitors.