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News: Sen. Elizabeth Warren wants to build a new agency to police Big Tech (www.theverge.com)

submitted 1 year ago* (last edited 1 year ago) by [email protected] to c/[email protected]

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The bill, sponsored by Sens. Elizabeth Warren (D-MA) and Lindsey Graham (R-SC), would create a new agency called the Digital Consumer Protection Commission that would be empowered to go after giant tech firms for a slew of anti-competitive behaviors and failing to protect consumer privacy.

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[–] [email protected] 14 points 1 year ago (1 children)

Pointless unless:

The agency has authority

The agency can enforce that authority

The agency can levy fines and other deterrents significant enough to make tech companies fear #1 and #2.

Otherwise it’s just another agency that will face regulatory capture and dole out slaps on the wrist that Big Tech can effectively ignore.

[–] [email protected] 4 points 1 year ago

...and is properly funded.