Professor Dr. Georgi Dimitrov, Chairman of Law and Internet Foundation, representative for Bulgaria of the ItechLaw Association, was a guest on the show "The World is Business" on Bloomberg TV on February 22, 2021.

We all need to realize that we are witnessing new social attitudes that are emerging and changing in connection with the new technologies. And with that in mind, we need to think about whether it's time to change the way laws are made, because by the time legislation comes out, those relationships may have changed to the detriment. This was stated by Professor Dr. Georgi Dimitrov, Chairman of the Law and Internet Foundation, representative for Bulgaria of the ItechLaw Association, in the show "The World is Business" hosted by Ivaylo Lakov.

The guest characterizes what is happening between Facebook and Australia at the moment, as a clash of new paradigms and new phenomena such as social networks with our familiar relationships in society. According to him, it is mostly about how the money is distributed on the market and in particular on the media market.

"There is a huge gap between the fact that today consumers do not want to go to traditional media, but rely on social networks for information."

"The question arises whether a network like Facebook should be deregulated and left in the realm of private relations or it is already becoming something new in our lives," said the guest.

Dimitrov believes that a compromise will eventually be found between social networks and the media, because social networks have no interest in stopping reliable sources of information.

Watch the full interview here.