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Facebook Ad Boycott Hands New Ammo to Legion of Washington Foes

June 30, 2020, 8:00 AM

Facebook Inc. has succeeded for years in fending off critics and regulators in Washington who’ve complained about the company’s market power and its failure to protect privacy, police hate speech and curb political disinformation.

Now, a boycott by major advertisers and a subsequent slide in its shares are forcing the world’s largest social media network to reckon with the very issues that policy makers have long failed to resolve.

The corporate backlash also could embolden Congress to take its own action. Some concerns about the company’s massive reach and failure to deal with problematic speech are shared by Democrats and...

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