"Facebook always says, well, you know, we walk a line between, you know, letting people — the free and fair flow of information. There are ways to do that," said Lemon.
"We figured out ways to do that, most people in legacy media, not everybody in legacy media, because there are people and propaganda networks in legacy media that spread BS and don't face enough consequences."
"But I do think that social media, just like any other media company, especially legacy media and traditional media, should be — they should pay some sort of consequences, and they should be regulated," Lemon added.
"That's just at the very least what you put on there should be true and if it's not true, then it should be actionable," he added.
During the handoff between their respective shows, Lemon told CNN host Chris Cuomo that, regardless of whether or not someone was expressing an opinion on social media, anything anyone posts should be "based in fact."
"I’ll end with this … and this is a start for the social media companies. What is put on your platform, at the very least, should be true. Let’s start there," Lemon said, to which Cuomo asked about users' opinions.
"It should be true … You can have opinions based in fact. OK? So at the very least it should be true. And it should be based on some sort of fact," Lemon said. "Beyond that — let’s start at that base level, that baseline right there. And then we can go on with the rest of it."
The question of social media censorship has once again been delivered to the lead following Facebook "whistleblower" Frances Haugen's affidavit before Congress this week.
Haugen had previously published data to the Wall Street Journal, who then was able to print a series of articles called The Facebook Files, which plunged into the inner workings of the social media giant.
In a 60 Minutes segment this week, Haugen slammed Facebook for lack of censorship despite Facebook actively suspending people that hold conservative opinions from their platforms. Haugen stated there need to be more restrictions and that Facebook was misleading investors.