A new round of regulation could have a substantive impact on how Big Tech operates.
Tech companies are making other changes, too. Facebook announced in November that it would“There’s definitely a sense of there being a new momentum” for regulation, says Sinead McSweeney,global vice president for public policy, noting that in recent weeks the company has had to implement new legislative requirements in at least six countries. “It’s on a whole new level.
While tech companies say they agree that their industry needs new regulation, they are pushing back against some specific proposals—in part because of the impact they might have. Some tech executives, such as Twitter’s Ms. McSweeney, say they worry requirements in proposed online-content rules could encourage companies to remove content they merely disagree with, chilling free speech.
Google offices in New York. The company is reworking how it handles user and partner information internally, an executive says.For their part, advocates for more regulation worry that the big tech companies could emerge unscathed from the newest wave of regulation.
“I think something will get passed. I’m pretty hopeful it will,” Mr. Weinberg says. “But it looks like the devil’s in the details of actually moving the market.”Al Drago/Bloomberg News
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