Wednesday, Jun 7, 2023
English News
  • Hyderabad
  • Telangana
  • Andhra Pradesh
  • India
  • World
  • Entertainment
  • Science and Tech
  • Sport
  • Business
  • ...
    • NRI
    • View Point
    • cartoon
    • Columns
    • Reviews
    • Education Today
    • Property
    • Videos
    • Lifestyle
    • Rewind
E-Paper
  • NRI
  • View Point
  • cartoon
  • Columns
  • Reviews
  • Education Today
  • Property
  • Videos
  • Lifestyle
  • Rewind
Home | Tech | Digital Protectionism Would Be Harmful Facebook Warns Eu Leaders

Digital protectionism would be harmful: Facebook warns EU leaders

As much of what the EU aims to do is rooted in values like free expression, privacy, transparency and the rights of individuals, these values must be actively protected as the new rules are written, he said.

By IANS
Published Date - 08:02 PM, Fri - 23 October 20
Digital protectionism would be harmful: Facebook warns EU leaders
whatsapp facebook twitter telegram

San Francisco: As the EU is about to produce a slew of new draft regulations, including a Digital Services Act covering everything from misinformation to app stores, Facebook’s head of global affairs Nick Clegg has written an open letter warning policy makers that a shift towards digital protectionism would be self-defeating.

As much of what the EU aims to do is rooted in values like free expression, privacy, transparency and the rights of individuals, these values must be actively protected as the new rules are written, he said.

“But as the web fragments, Europe faces a fundamental choice: does it design rules to keep the internet open and global; or does it build barriers for the bloc alone?” Clegg, who is a former Deputy Prime Minister of the United Kingdom, wrote in the open letter first published in the Financial Times this week.

He warned that far from putting Europe at the cutting edge, a shift towards digital protectionism could accelerate the splintering of the Internet, leaving Europe a bystander as US and Chinese companies dominate.

“European policymakers need to maximise the bloc’s advantages — top quality talent, a large consumer market, first-class universities — and address its deficiencies — the lack of deep and liquid capital markets, and a patchy commitment to entrepreneurialism and innovation,” Clegg said.

“Sovereignty versus competitiveness is a false choice. The EU can have both, and remove internal barriers without creating new ones for businesses seeking to reach the vast majority of the world’s online population beyond EU borders.”

  • Follow Us :
  • Tags
  • app stores
  • Corona Virus Deaths
  • Coronavirus
  • Coronavirus in India

Related News

  • Two children injured in wall collapse in Hyderabad

    Two children injured in wall collapse in Hyderabad

  • Telangana: CEO assures political parties to resolve all issues related to electoral rolls

    Telangana: CEO assures political parties to resolve all issues related to electoral rolls

  • All tanks filled with water in Telangana: Koppula

    All tanks filled with water in Telangana: Koppula

  • NMC green signal for all nine medical colleges in Telangana

    NMC green signal for all nine medical colleges in Telangana

  • Telangana striving to utilise every drop of water, says Mahabubabad Collector

    Telangana striving to utilise every drop of water, says Mahabubabad Collector

  • Telangana: SCIWAM panel to meet soon to discuss Kharif plans

    Telangana: SCIWAM panel to meet soon to discuss Kharif plans

Latest News

  • Opinion: Pursue own foreign policy

    4 hours ago
  • Editorial: Indo-US ties on upswing

    4 hours ago
  • Health and Tech: Carbon material vital in medical tech, devices

    4 hours ago
  • Fight Centre’s lopsided policies: KCR

    4 hours ago
  • Cartoon: June 8, 2023

    5 hours ago
  • Straight bat: Franchise cricket is here to dominate

    5 hours ago
  • WTC Final: Head onslaught rattles India, Australia reaches 327/3 on Day 1

    5 hours ago
  • Telangana: Action demanded against man for attempting to rape tribal woman in Asifabad

    6 hours ago

company

  • Home
  • About Us
  • Contact Us

business

  • Subscribe

telangana today

  • Telangana
  • Hyderabad
  • Latest News
  • Entertainment
  • World
  • Andhra Pradesh
  • Science & Tech
  • Sport

follow us

© Copyrights 2022 TELANGANA PUBLICATIONS PVT. LTD. All rights reserved. Powered by Veegam