Social media companies have effectively become utilities: Greycroft’s Alan Patricof

Alan Patricof, co-founder and chairman of venture capital firm Greycroft, joined “Squawk Box” on Monday to discuss why he feels social media companies should be regulated, especially when it comes to user data. Subscribe to CNBC PRO for access to investor and analyst insights on media and more: https://cnb.cx/3dIH56N

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