The swift development of computing platforms and their vast influence over human lives, along with the limitations of conventional laws due to the intricacies of this domain, emphasizes the need to develop regulatory techniques. Most social interactions these days are done on computing platforms and content generating computing platforms, which are user centric and allow users to virtually put any content on them, are exceptionally relevant today. In this light the question arises about whether the platform has a responsibility to that content, meaning does the platform engage in any culpability for that content? Is it not, or is it, and is that only to delete and deny access to disallowed and criminal content, or does that go deeper? The present study, with the analysis of three models of law of cyberspace, i.e., co-regulation, self-regulation, and government regulation, can provide a view into the transfer from complete immunity of the platform, acceptance of limited liability as a part of regulation. In constructing the analysis, two models identified, co-regulation and self-regulation, can give perspective on moving the platform from being a compellable entity under the law, to becoming an active player in initiating and upholding rules and regulation, notwithstanding the fact realistic challenges such as subjective interpretation, justifiable trigger points for deleting content and block conflicts exist.