From: ComputerWeekly.com
by Warwick Ashford
A regulatory watchdog is petitioning the US Federal Trade Commission to establish a trade regulation framework for online companies such as Facebook, Twitter and Google.
The Center for Regulatory Effectiveness said such a framework will protect US-based online companies by defining acceptable and unacceptable acts or practices.
A sound and legal framework will avoid web companies and services inadvertently harming, not enhancing their businesses, said the Center for Regulatory Effectiveness (CRE).