Bloomberg View: "In fact, [stronger rules] may encourage change and innovation"

March 28, 2018

Tougher regulation is a more practical response, and while regulation often serves to entrench incumbents, it does seem like stronger rules on data ownership and privacy like the European Union's soon-to-take-effect General Data Protection Regulation or the California Consumer Privacy Act that supporters want to put on the state general election ballot this fall (and that Facebook, Google and other tech companies are trying to thwart) could fix some of what's broken in the current online environment without standing in the way of change and innovation. In fact, they may encourage change and innovation.

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