01/03/2021

Harvard Business Review

Evaluating the EU plans to regulate tech platforms

Search engines, social networks, and cloud services providers increasingly act as powerful gatekeepers who control access to information and services. According to Peter Parker, with great power comes great responsibility, but as these platforms have grown, so have the concerns over how they choose to use their power. As this Harvard Business Review article points out, we are at an inflexion point and the cusp of a new era of regulation. How the EU's legislative plans work out is a test case in response to these platforms use of power. Will it work, or will it stifle innovation? Elsewhere, Facebook finalises a $650M settlement in "a major win for consumers in the hotly contested area of digital privacy."

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Cloud, gateway, platform, internet service provider

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