From: ZDNet/Between the Lines
By Zack Whittaker
A leading regulatory watchdog is petitioning the Federal Trade Commission (FTC) in a bid to establish a “trade regulation” framework, which would set out how web companies like Facebook, Google and Twitter can operate lawfully.
The Center for Regulatory Effectiveness (CRE) is looking for ways to protect U.S.-based web-based services or companies, by bidding the FTC to define acts or practices which they consider unacceptable.
While Google and Twitter are both under FTC investigation, Facebook is subject to a petition for federal investigation, to deem whether they are acting unlawfully.
