A whole bunch of comments here are along the lines of: how come Facebook isn't required to abide by the rules that other media companies have to follow? But this is the exact opposite of how things are - small media companies can adopt whatever standards they want, but the broadcast networks have to air even false political advertising, because these types of regulations are more about protecting fairness and free political speech than about the truth. This is an example of Facebook subjecting themselves to the highest possible standards, instead of making arbitrary editorial decisions that smaller actors can get away with.
Again, the point is that the standards followed by broadcast TV are higher than the standards followed by, random media companies that aren't regulated. And what Facebook is doing here aligns closely with how public institutions that are held to the highest standards operate. The general principle regarding the freedom of speech is that the closer you are to being a public institution, the more open you ought to be in terms of the types of speech you accept.
So the criticism here isn't merely wrong, it's exactly backwards.
To me, that opaqueness separating one filter bubble from the next is an important quality. It may raise the effectiveness of propaganda campaigns significantly.
That can't possibly be true. The cornerstone of democracy is informed voters.
Also, it's important to keep in mind that the Trump ad in question does not make claims that are easily proven to be false - they are merely BS claims that are entirely unsubstantiated. I don't think they'd be taken down even if a rule against false claims existed and was properly followed. There's no evidence given for such claims, but not all claims without evidence are false.
https://www.politifact.com/truth-o-meter/statements/2019/oct...
TV networks are required to air even untruthful ads as not to run afoul of regulations governing political ads. It's also likely that campaign laws requiring all political ads to be true would be unconstitutional.
Either way, the very fact that the Elizabeth Warren campaign is promoting a fairly blatant falsehood (and many people are happy to parrot a false talking point in the name of truth) is a symptom of the same problem that would force any reasonable entity to make the same decision Facebook just did. Truth isn't very popular, especially in politics and people (on every side of most political issues) would lose their mind if falsehoods were strictly banned.