White House Unveils Principles For Big Tech Reform

The White House on Thursday outlined six principles to reform Big Tech platforms and said it was encouraged to see bipartisan interest in Congress to rein in major U.S. tech companies. Reuters reports: The six principles include promoting technology sector competition; adopting robust federal privacy protections, and tougher privacy and online protections for children; rescinding special legal protections for large tech platforms; increasing transparency about platforms' algorithms and content moderation decisions; and ending discriminatory algorithmic decision-making. "The rise of tech platforms has introduced new and difficult challenges," the White House said, "from the tragic acts of violence linked to toxic online cultures, to deteriorating mental health and wellbeing, to basic rights of Americans and communities worldwide suffering from the rise of tech platforms big and small." A group of bipartisan lawmakers has introduced antitrust legislation aimed at reining in the four tech giants -- Meta Platform's Facebook, Apple, Alphabet's Google and Amazon.com -- that would bar the companies from favoring their own businesses in search results and other ways. The lawmakers have said they believe they have the 60 Senate votes needed to move forward, but no vote has yet been scheduled. Further reading: Big Tech's $95 Million Spending Spree Leaves Antitrust Bill On Brink of Defeat

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