U.K. Parliament report calls for Facebook regulation

The U.K. Parliament's Digital, Culture, Media and Sport Committee, which has been investigating online disinformation, said in its final report issued on Sunday that Facebook "knowingly" violated the law and called for increased regulation of the tech giant.

What they're saying: "The big tech companies must not be allowed to expand exponentially, without constraint or proper regulatory oversight," the committee said. "But only governments and the law are powerful enough to contain them."

The panel found that "it is evident that Facebook intentionally and knowingly violated both data privacy and anti-competition laws" and called for a government watchdog to conduct an additional investigation into the social platform.

It also said there should be new regulations of tech companies that increase their liability for content they host.