New government regulation of Silicon Valley is needed, a parliamentary committee concluded after an 18-month investigation.
LONDON — After 18 months investigating Facebook and online misinformation, a British parliamentary committee issued a scathing report on Monday, accusing the company of breaking data privacy and competition laws and calling for new regulations to rein in the technology industry.
Repeated scandals involving Facebook and other tech companies demand more government oversight, the committee concluded, including laws making internet companies legally liable for content shared on their websites.
“The era of self-regulation for tech companies should come to an end,” said Damian Collins, the chairman of the Digital, Culture, Media and Sport Committee, which published the report .
The conclusions in Britain add to momentum globally for new regulations against the technology sector. Europe has been the most aggressive in taking on Silicon Valley, but a tougher approach is gaining ground in the United States, where the Federal Trade Commission is considering imposing a multibillion dollar fine against Facebook, and lawmakers have called for new data-privacy regulations.
The parliamentary report recommends the creation of a British watchdog to oversee the technology industry, similar to the country’s approach to regulating media companies. It also suggested legally requiring Facebook and other large internet platforms to remove what the government determines to be harmful content, or risk fines or other punishments.
