Senator to introduce bill giving Big Tech its own federal watchdog

As Washington tries to check the power and influence of Silicon Valley 
companies, Sen. Michael Bennet argues an expert body is needed

By Cat Zakrzewski  Today at 8:00 a.m. 
https://www.washingtonpost.com/technology/2022/05/12/michael-bennet-big-tech-regulator


Throughout history, Congress has established expert agencies to oversee 
important parts of the American economy — from agriculture to drugs to 
railroads.

Now amid growing concerns about the power of Silicon Valley, a Democratic 
senator suggests reforming current institutions isn’t enough: a new federal 
watchdog is needed to regulate the country’s most influential tech companies.

Sen. Michael F. Bennet (D-Colo.) today will introduce the Digital Platform 
Commission Act, a bill to establish a new five-person commission responsible 
for protecting consumers in the age of Big Tech.

According to proposed text viewed exclusively by The Washington Post, the 
agency would have the power to interrogate the algorithms powering major tech 
platforms, and to set new rules to ensure the biggest companies are transparent 
about how they handle thorny decisions around content moderation on their 
platforms.

“We need an agency with expertise to have a thoughtful approach here,” he said.

Regulators’ current focus on competition problems in tech does not address many 
of the industry’s most pressing problems, according to Bennet, such as foreign 
disinformation, children’s safety and the potentially radicalizing effect of 
platform and product designs.

The bill represents a growing awareness that the federal government is 
consistently outmatched in resources and tech skills when examining massive 
Silicon Valley companies.

The Federal Trade Commission, which currently does much of the oversight of the 
tech industry, and the Justice Department, which has brought a major antitrust 
case against Google, have traditionally taken a more reactive approach to 
abuses in the tech industry — sometimes at a far slower pace than the industry 
moves.

FTC Chair Lina Khan has said that the agency’s staff and resources are strained 
under a crush of merger filings and has asked Congress for more funding.

Tech giants quietly buy up dozens of companies a year. Regulators are finally 
noticing.

Consumer advocates have called for such a body for years, after tech companies 
were embroiled in scandals over data privacy, election interference and child 
safety.

Recently, industry heavyweights including Microsoft President Brad Smith have 
chimed in with support for such an idea.

U.S. lawmakers have previously proposed creating a new privacy regulator within 
the FTC, and other countries boast data protection agencies and competition 
agencies with many technologists on staff. But Bennet’s proposed commission 
would have a broader purview, addressing issues from the impact of social media 
platforms on local news to the effect of tech platforms on mental health.

The commission would be tasked with creating rules to ensure large tech 
companies are transparent about their content moderation rules, as well as 
requirements for regular public risk assessments about the violent or hateful 
content circulating on their services.

It would establish a “Code Council” made up of technologists and public 
interest experts to create technical standards and policies for the commission 
to consider, as well as a Research Office that would conduct internal research 
and coordinate with outside academics to study the companies.

Bennet said he was motivated by his person experience with harms stemming from 
technology: disinformation he’s viewed in his work on the Senate Intelligence 
Committee and witnessing the effects that social media has had on his own 
children.

The proposal is a long shot in a Senate where Democrats have a fragile 50-50 
majority — and Republicans have historically been wary of bills that would 
create new regulatory bodies.

Though the legislation aims to address a wide range of harms, any government 
effort to force greater transparency of companies’ content moderation practices 
and algorithms could raise free speech concerns under the First Amendment.

Recently, the Department of Homeland Security’s launch of a “disinformation 
governance board” triggered a wave of criticism, largely from conservatives, 
arguing that it was a potential vehicle for government censorship.

DHS clarified the entity will focus on foreign targets, including countering 
disinformation from Russia ahead of the midterm elections and human smugglers 
targeting migrants. And a group representing tech companies challenged 
President Donald Trump’s 2020 social media executive order, arguing it could 
“curtail and chill constitutionally protected speech.”

Harold Feld, the senior vice president of the consumer advocacy group Public 
Knowledge, proposed a new tech-focused commission in his 2019 book “The Case 
for the Digital Platform Act.” Such an agency could bring more independence to 
oversight of the tech companies, he told The Post, because it would include 
commissioners from both parties, much like the FTC or Federal Communications 
Commission.

Feld’s proposal has increasingly gained steam in tech policy circles. Former 
FCC chair Tom Wheeler (D) told The Post last month that Elon Musk’s bid to buy 
Twitter underscored the need for such an agency, to ensure “an acceptable 
behavioral code” across the tech industry. Feld said that there are safeguards 
in the bill around administrative processes that would provide additional 
checks, as well as court challenges that could be brought under the First 
Amendment.

Musk bid for Twitter underscores the risks of social media ownership

The new agency would have limited resources compared with the companies, some 
of which have valuations of over a trillion dollars. Its initial budget would 
be $100 million in its first year, and then ramp up to $500 million over the 
course of five years.

Some critics have warned that such a body may be more susceptible to influence 
from powerful tech giants, which are among the largest lobbying spenders in 
Washington.

Microsoft’s Smith said at an April privacy conference that such a commission 
would represent “a better future than asking a Congress or a legislature or a 
parliament to go on a piecemeal basis and change each and every law separately.”

Facebook CEO Mark Zuckerberg told Rep. Peter Welch (D-Vt.) at a March 2021 
congressional hearing that such a new agency “could be very effective and 
positive for helping out.”

Welch has also been working on a similar proposal, and he circulated a memo to 
members of the House Energy and Commerce Committee in March 2021 proposing the 
creation of a separate agency overseeing tech.

“I’m drafting legislation that would finally create an agency to provide fair 
and comprehensive regulatory oversight of social media companies, so we can 
create online communities that are safer and better for our society,” he said 
in a statement.

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