- What you need to know...
- Now the tech industry faces a regulatory backlash.
- Growing public concern over widespread abuse taking place on internet platforms – from revenge porn to fake news, political interference, obstruction of justice and promotion of terrorism – is encouraging politicians and regulators to police the internet better.
- Across the world many people are now beginning to think of big tech firms as BAADD (big, anti-competitive, addictive and destructive to democracy).
The international legal system, based on separate national sovereignties, is struggling withits task of providing a framework for internet governance, given the cross-border flows of online services. Yet a raft of online abuses culminating with the Facebook / Cambridge Analytica scandal is likely to force authorities to act unilaterally to regulate companies in certain areas.
GlobalData’s Tech Regulation – Thematic Research report explores this further.