BvBPL
Pour Decision Maker
The Intercept is reporting that White House Chief Strategist Steve Bannon is itching to throw down with some of the biggest tech firms in the world, companies like Facebook and Google. Bannon apparently wants the tech giants regulated like utilities, like the phone company. Such regulation wouldn’t make Facebook a public entity, but would impose a host of new regulations upon the companies in light of their dominate statuses in the market. Bannon points that while we treat Google and Facebook as something optional, interaction with these and similar entities is increasingly becoming required in our wired(less) age.
Bannon’s suggestion that Google et al be regulated as utilities seems similarly to the Democrats’ “Better Way” marketing strategy that is selling the concept of stronger anti-trust regulation and breaking up of monopolies to American voters. Interestingly, the Intercept notes that Bannon’s suggested regulations pre-dates “Better Way.” Bannon’s calls also come at what could be an important time for internet neutrality, the notion that carriers of internet information, which increasingly own major websites, should not throttle up or down various pieces of information based upon the origin.
Bannon founded the Brietbart website, and it would be in the best interests of that site for the tech majors like Facebook and Google to be closely regulated. Public regulation of service providers like Google and Facebook would likely limit the ability of those services to steer users away from websites like Brietbart that sit in the penumbra of disinformation and hateful opinions.
Regulations of Google and Facebook would also usher in significant new protections for the consumers and users of the internet. Facebook and its ilk collect vast amounts of information about their users and have relatively few restrictions upon the use of that data. Public utility-like regulation of these companies would likely come with significant restrictions on the use of that information, thereby providing privacy protections to the public. It could help to preserve the possibility of future entrepreneurship and competition by preventing these companies from freezing out nascent competitors.
Could Bannon’s call for regulation affirm and shore up consumer rights and interests vis-à-vis tech firms? Will the Trump White House do why Obama’s could not, namely protect the public against the potential of massive overreach by private tech giants? Is Bannon a closet Democrat? (Don’t laugh, he also wants to raise taxes.)
Bannon’s suggestion that Google et al be regulated as utilities seems similarly to the Democrats’ “Better Way” marketing strategy that is selling the concept of stronger anti-trust regulation and breaking up of monopolies to American voters. Interestingly, the Intercept notes that Bannon’s suggested regulations pre-dates “Better Way.” Bannon’s calls also come at what could be an important time for internet neutrality, the notion that carriers of internet information, which increasingly own major websites, should not throttle up or down various pieces of information based upon the origin.
Bannon founded the Brietbart website, and it would be in the best interests of that site for the tech majors like Facebook and Google to be closely regulated. Public regulation of service providers like Google and Facebook would likely limit the ability of those services to steer users away from websites like Brietbart that sit in the penumbra of disinformation and hateful opinions.
Regulations of Google and Facebook would also usher in significant new protections for the consumers and users of the internet. Facebook and its ilk collect vast amounts of information about their users and have relatively few restrictions upon the use of that data. Public utility-like regulation of these companies would likely come with significant restrictions on the use of that information, thereby providing privacy protections to the public. It could help to preserve the possibility of future entrepreneurship and competition by preventing these companies from freezing out nascent competitors.
Could Bannon’s call for regulation affirm and shore up consumer rights and interests vis-à-vis tech firms? Will the Trump White House do why Obama’s could not, namely protect the public against the potential of massive overreach by private tech giants? Is Bannon a closet Democrat? (Don’t laugh, he also wants to raise taxes.)