Our working definition of a digital platform (with a hat tip to Harold Feld of Public Knowledge) is an online service that operates as a two-sided or multi-sided market with at least one side that is “open” to the mass market
Platforms
Senators Introduce Competition and Transparency in Digital Advertising Act
Sens Mike Lee (R-UT), Amy Klobuchar (D-MN), Ted Cruz (R-TX), and Richard Blumenthal (D-CT) have introduced the Competition and Transparency in Digital Advertising Act. The bill would restore and protect competition in digital advertising by eliminating conflicts of interest that have allowed the leading platforms in the market to manipulate ad auctions and impose monopoly rents on a broad swath of the US economy.
Federal appeals court reinstates Texas social media law
A federal appeals court has reinstated a Texas state law that bans "censorship" on social media platforms such as Facebook and Twitter, allowing Texas to enforce the law while litigation continues. A US District Court judge had granted a preliminary injunction blocking the law in December 2021, ruling that it violates the social networks' First Amendment right to moderate user-submitted content.
Sen Bennet Introduces the Digital Platform Commission Act
Sen Michael Bennet (D-CO) introduced the Digital Platform Commission Act, the first-ever legislation in Congress to create an expert federal body empowered to provide comprehensive, sector-specific regulation of digital platforms to protect consumers, promote competition, and defend the public interest.
New push to make Big Tech pay more for bandwidth
Regulators around the world are exploring forcing Big Tech companies to pay more for the internet service they rely on to make their billions. A growing number of governments think tech giants should up their contributions to the basic internet service that makes their success possible. That money could prop up local economies or help close the digital divide.
Elon Musk Faces FTC Antitrust Review on Twitter Alongside Stock Probe
The Federal Trade Commission (FTC) is reviewing Elon Musk’s $44 billion Twitter takeover, a person familiar with the deal said, setting up a deadline in the next month for the agency to decide whether to conduct an in-depth review of the transaction. Under US merger law, Musk is required to notify the FTC and the Justice Department of the transaction and wait at least 30 days before closing to allow an investigation into potential antitrust concerns.
Facebook Deliberately Caused Havoc in Australia to Influence New Law
Last year when Facebook blocked news in Australia in response to potential legislation making platforms pay publishers for content, it also took down the pages of Australian hospitals, emergency services and charities. It publicly called the resulting chaos “inadvertent.” Internally, the pre-emptive strike was hailed as a strategic masterstroke.
FCC Commissioner Simington Comments On Acquisition Of Twitter
Federal Communications Commissioner Nathan Simington released a statement regarding Elon Musk's acquisition of Twitter. "Some have recently called on the FCC to stop Elon Musk from acquiring Twitter," he said. "But nothing in the United States Code or our regulations gives us the right to interfere with this transaction. Our competition review authority does not and has never extended to internet platforms like Twitter. But even if this deal were within our purview, it would be inappropriate and contrary to the public interest to block it. Mr.
Rep Marjorie Taylor Greene Introduces 21st Century FREE Speech Act
Rep Marjorie Taylor Greene (R-GA) introduced the 21st Century FREE Speech Act (H.R.7613) on April 28, 2022. Greene is partnering with Sen Bill Hagerty (R-TN) to pass the bill in both the House and Senate. The 21st Century Free Speech Act centers on the following policy objectives: