The US wants to limit the power of big tech companies to six sweeping ground rules

The US wants to limit the power of big tech companies to six sweeping ground rules

Technology companies in the United States must adhere to six core principles. The White House wants tech companies to be more transparent, better protect user privacy and improve child safety.

The six core principles relate to fair competition, privacy protection, online child safety, corporate legal responsibility, transparency and the prevention of discriminatory algorithms.

This should limit the power of big tech companies like Google, Apple, Meta (Facebook), Amazon and Microsoft. Due to the strength of these giants, it is unlikely that small and medium-sized businesses will be successful.

Major technology companies are currently legally protected in the United States. As a result, they cannot be held responsible for the dissemination of illegal content on their platform. This protection must be removed.

Privacy is also an important part of basic information. Technology companies are obliged to limit the collection of privacy-sensitive information to a minimum. This mainly concerns location data and information about people’s health.

In addition, the safety and health of children should be the number one priority of technology companies. It should be more important than revenue and profit. Finally, tech companies must be transparent about their algorithms, which are not allowed to discriminate.

Source: NU

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