Archive for August, 2019

A Proposal to the FTC and the SEC to Form a Self-Regulatory Organization Subject to Federal Oversight to Regulate Social Media

  FTC SEC SRO Letter

                                      N. B. FINRA’s Budget is 3 Times That of the FTC                                                                                                                                                                                             [ FINRA regulates only one sector]

 

DECODING THE ROLE OF THE ‘GATEKEEPERS OF CYBERSPACE’ IN THE INTERNET ECONOMY: ANALYZING THE LEGAL FOUNDATION OF INTERMEDIARY LIABILITY OF ONLINE PROVIDERS

When fake news is uploaded and widely shared on Facebook, is Facebook legally bound to take immediate action, or should it simply allow public opinion to correct itself? Is a reporting mechanism, through which users can flag nudity, false news, spam, and similar content sufficient for an online platform to meet its responsibility as an intermediary? When a product purchased online turns out to be a counterfeit, do online shopping sites like Lazada and Zalora have warranties that they should fulfill? As the Internet economy rapidly evolves and touches on virtually every sector of the economy from commerce to basic health services, the list of questions pertaining to intermediary liability goes on.

Politico: White House drafting executive order to tackle Silicon Valley’s alleged anti-conservative bias

The White House is circulating drafts of a proposed executive order that would address allegations of anti-conservative bias by social media companies, according to a White House official and two other people familiar with the matter — a month after President Donald Trump pledged to explore “all regulatory and legislative solutions” on the issue.

 

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