Senators have no idea how Facebook works, want to regulate it anyway
reason.com
reason.com
IIRC, Graham had a good point. At his point, Facebook has no real competitors that offer an equivalent service.
To continue the analogy from the question: Zuck's dodge was a lot like a monopolist automaker trying to pass off Sony as a competitor because they both sell products with AM/FM radios.
I was gong to say trying to elect people who at least know what they don't know might be a better approach.