Governments and observers across the world have repeatedly raised concerns about the monopoly power of Big Tech companies and the role the companies play in disseminating misinformation. In response, Big Tech companies have tried to preempt regulations by regulating themselves . With Facebook’s announcement that its Oversight Board will make a decision about whether former President Donald Trump can regain access to his account after the company suspended it, this and other high-profile moves by technology companies to address misinformation have reignited the debate about what responsible self-regulation by technology companies should look like.
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These are the ways self-regulation could fix Big Tech’s worst problems