In the very short period of time that CRE has established an interactive public docket which addresses possible US regulation of the social media two dominant concerns have been raised both in the literature and on the basis of first-hand discussions with stakeholders:

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CRE routinely works with federal agencies regarding the improvement of their regulatory programs. In this memorandum to NTIA we have asked  them to become involved in the potential regulation of the social media.

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This blog is the second in a programme of work on a proposed new regulatory framework to reduce the harm occurring on and facilitated by social media platforms….The UK government’s Internet Safety Strategy Green Paper set out some of the harms to individuals and society caused by users of social networks. As we set out in our opening blog post, we shall describe in detail a proposed regulatory approach to reduce these and other harms and preserve free speech.

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In a policy paper obtained by Axios, Sen. Mark Warner’s office laid out 20 different paths to address problems posed by Big Tech platforms — ranging from putting a price on individual users’ data to funding media literacy programs.

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The Online Harms White Paper sets out the government’s plans for a world-leading package of online safety measures that also supports innovation and a thriving digital economy. This package comprises legislative and non-legislative measures and will make companies more responsible for their users’ safety online, especially children and other vulnerable groups.

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We recommend the creation of a new regulator and enhanced arrangements for inter-agency cooperation. The following principles should guide the creation of a Digital Authority (DA) tasked with regulating digital platforms: (1) The DA should have a reasonable degree of autonomy from industry influences to make decisions about social media platforms in the public interest, (2) The jurisdiction of the DA should cover as many social media-related functions as possible to prevent regulatory fragmentation, (3) Mechanisms for coordination with other agencies should be created et al.

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