The greatest gift Congress could give to Facebook would be new legislation that raises costs for rivals. Read "What to do about Facebook? Let users decide" on AEI.
Governments can indeed play favorites and create wealth for some at the expense of others. But world class innovations that benefit both the creators and citizens emerge from free markets and innovator relationships. Read "Governments can try to play favorites, but leadership in the tech sector comes from free markets" on AEI.