Customs Today
  • Home
  • Islamabad
  • Karachi
  • Lahore
  • National
  • Transfers and Postings
  • Chambers & Associations
  • Business
No Result
View All Result
Customs Today
  • Home
  • Islamabad
  • Karachi
  • Lahore
  • National
  • Transfers and Postings
  • Chambers & Associations
  • Business
No Result
View All Result
Customs Today
No Result
View All Result
Home International Customs Beljium

Brussels Shows Up America’s Toothless Big Tech Reaction

byCT Report
25/04/2018
in Beljium
Share on FacebookShare on Twitter

BRUSSELS: Last month, as Mark Zuckerberg faced questions from US senators over the Cambridge Analytica scandal, Thom Tillis, a Republican from North Carolina, took the microphone. “I’m a proud member of Facebook,” the senator said. “(I) Just got a post from my sister on this being National Sibling Day.”

Others were less obsequious. But the episode shone a light into how loathe American politicians are to impinge on private business – even at the expense of their constituents’ privacy. As the current President continues to emphasize the importance of jobs, it seems no amount of digital chicanery will prompt real, regulatory action from Congress, even if industry insiders advocate it.

You might also like

China injects €156 billion into economy

03/02/2020

New Portuguese tax could affect thousands of Belgians pensioners

30/01/2020

Across the Atlantic, the story is different. Today the European Union security commissioner, Julian King, stressed that “short-term, concrete” plans to regulate social media must be in place before supranational elections next year. Should a voluntary code of conduct fail to prevent episodes like Cambridge Analytica, he has promised moves “of a regulatory nature.”

Such is the difference between Brussels and Washington. One has made plenty of noise about tech’s shortcomings but done almost nothing at a legislative level. The other, while quieter, has pursued the industry’s biggest players with zeal – whether supposed transgressions are tax, privacy or competition-related.

The EU has dished out big antitrust fines to Google, and chased Apple and Amazon for billions in unpaid tax. It has demanded member states drop sweetheart deals and pushed – successfully – for strident privacy and data laws, including the imminent GDPR regulation.

The EU’s digital lawmaking has been rebuked for its stringency. And some companies could lose their entire business due to GDPR. But that shows Brussels’ lawmakers are not only more up-to-date than their US counterparts, but that they are willing to cause serious financial harm to tech companies to ensure the safety of the general population.

Related Stories

China injects €156 billion into economy

byadmin
03/02/2020

The Chinese central bank announced it will inject 1,200 billion yen (156 billion euros) into the Chinese economy, which is...

New Portuguese tax could affect thousands of Belgians pensioners

byadmin
30/01/2020

Portugal will introduce a flat tax rate on the income of foreign pensioners, rolling back a generous tax break which...

Belgian Companies In Las Vegas

byadmin
21/01/2020

Among others, the Flemish contingent includes MoNoA, a product that raises your body temperature and analyses your movements to gauge...

Belgian customs officer suspended for posting ‘hate speech’ on YouTube

byadmin
13/01/2020

A Belgian customs officer was suspended last week after the Federal Public Service Finance department discovered that the individual concerned...

Next Post

Iraq could transport up to 1 m bpd via Jordan's Red Sea port

  • Terms and Conditions
  • Disclaimer

© 2011 Customs Today -World's first newspaper on customs. Customs Today.

No Result
View All Result
  • Transfers and Postings
  • Latest News
  • Karachi
  • Islamabad
  • Lahore
  • National
  • Chambers & Associations
  • Business
  • About Us

© 2011 Customs Today -World's first newspaper on customs. Customs Today.