They are not. As I pointed out, there are alternatives to Facebook available. Even MySpace is still around. Yahoo GeoCities and Angelfire before Facebook. Remember Usenet?
And Facebook at its core is just a website.
overdue for regulation
Which will be used to shut down conservative blogs and sites if the Left regains power. Conservatives don't support gov't regulation.
and it is also an entity which deleted all pro-Republican pages less than 30 days before an election: a Federal elections violation (illegal contribution to the Democrats).
But they are not classified as a media entity or something that regulated by both FCC and IRS laws though. It'll be pretty hard to make a case against them.
Obama's DOJ would put 100 lawyers to war against a conservative Facebook doing the same
And you would be rightfully screaming at the top of your lungs defending them if such a thing happened.
Facebook's ubiquity makes them indecipherable from any television network, except far more powerful. No terrestrial or cable network has a reach of 2.4 BILLION people (214 million in the U.S. alone)