My god, I hope not. The last thing we need is legislation that determines, because I went through the work of building up and creating a successful product and now have a massive amount of valuable data, I have to share it in the interest of 'leveling the playing field'.
I've been on the side of being a content creator with a very successful site, that was promptly scraped by a competitor because I had ammassed a large amount of very useful data. This data that was, through my site, freely available to the public, and the ad revenue helped pay the bills.
So I really don't have a lot of sympathy for someone who had, as part of their business model, the practice of scraping content from someone else's site, nor do I agree that we, as developers, should have free and unrestricted access to someone else's API... they are the ones gathering/storing the data, building the network, etc.. and any use they decide to allow us is at their discretion and a gift. Nothing wrong with that.
The idea of mandating any such rule is not the solution. It's antithetical to how markets should work.
There's been no company that's managed to dominate forever. LinkedIn, CL, Netflix will be no different. Someone or ones will attack them (perhaps orthogonally) and ultimately they will lose their dominance. That's what happens to incumbents. The market takes care of them. Note: this disruption may or may not be quick.
I'm not so sure. Communication tools are fundamentally different than most other products, because their primary value is the number of other people reachable through the service. This isn't true of most other industries, where you can drive a Toyota and I can drive a Ford and everyone is happy.
When your a whole market is based on the ability to interact with other people in some way, and a single company can flip interoperability on and off like a light switch, it has the potential to be a dangerous monopoly. The government stepped in and broke up Ma Bell because of this.
If we characterize them as communication tools, we are using a pretty loose definition. Moreover, inviting regulators (via their involvement in some sort of monopoly breakdown) into the proverbial henhouse is a nice mix of anti-free enterprise, anti-entrepreneurship and misguided/naive.
"I'm from the government and I'm here to help!" - music to every Internet entrepreneur's ears.
It would be great if there was regulation over certain types of data that would require companies to post back to a central database if they take certain kinds of information. It would be great if there was a device that could help level the playing field.
The point of my post was to highlight that complaining, or being shocked by these companies behavoir is sort of missing the point.
How can we unify and provide access to what we feel to be 'universal' data types?