When: Wednesday, September 23, 2020, 10:00 - 11:00 a.m. EDT
What: While today’s exploding digital marketplace provides consumers with great gains, the industry’s structures, practices, and lack of regulation create anti-consumer results. The relatively unchecked cycle of decreasing competition with acquisition has left the industry with an unsupervised culture where the consumer is the product and the companies make the rules.
A recently released paper by authors Tom Wheeler, Phil Verveer, and Gene Kimmelman provides arguments for the creation of a new Digital Platform Agency—similar to the Consumer Financial Protection Bureau—and a new approach to developing tech regulations that build on the success of other industry-developed, government-supervised, and enforced rules.
On September 23, the Center for Technology Innovation at Brookings will host a webinar to discuss issues of competition, the digital marketplace, privacy, and consumer protection with a panel of experts.