The government is considering an “Online Harms Bill”, which would impose a duty of care on tech firms
11th the World Health Organisation declared covid-19 a pandemic, the Bank of England cut interest rates to 0.25% and Rishi Sunak, the chancellor, announced what then seemed like a fiscal bonanza. Another episode that day got less attention. The government accepted the recommendations of the Digital Competition Expert Panel, chief among which was to set up a “digital markets unit” , a regulator to oversee big tech companies and encourage competition online.
Then, on July 1st, the Competition and Markets Authority, a powerful regulator, released its study of the digital advertising market. It identified problems “so wide ranging and self-reinforcing that our existing powers are not sufficient to address them”. It set up a taskforce to figure out what a new regulatory framework might look like.is that it can regulate business better. In the case of technology, this might be true.
. A House of Lords committee recently recommended a code of practice for online political advertising. The government has also accepted recommendations to establish codes of conduct around the treatment of news media by online platforms. There is little co-ordination between these efforts, nor is anyone in government tasked with bringing them together. But many of these measures lead back to the prospective, the Information Commissioner’s Office and Ofcom, the media and telecoms regulator.
After that, politics takes over. The thing to remember, says a senior adviser to the government, is that policy wonks get excited about regulating tech companies, but most people love their products. And Brexit brings challenges, including the difficulty of imposing regulation on American tech firms at the same time as Britain negotiates a trade deal with America.
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