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Facebook's new Libra digital money is seen as potentially bringing cryptocurrency out of the shadows and into the mainstream/AFP

Social Media

Governments must regulate social networks: Facebook’s Clegg

Facebook chief Mark Zuckerberg has called for “globally harmonised” online regulation/AFP

LONDON, United Kingdom, Jun 24 – Governments must regulate social networks and not the companies themselves, Facebook’s head of global affairs and a former deputy prime minister of the UK said in an interview Monday.

“It’s not for private companies, however big or small, to come up with those rules. It is for democratic politicians in the democratic world to do so,” Clegg told the BBC.

Clegg, the former leader of UK political party the Liberal Democrats, said there was a “pressing need” for new “rules of the road” on issues including data privacy and election rules.

At the same time, companies such as Facebook should play a “mature role” in advocating regulation, he told the BBC.

Britain has said it will make social media bosses personally liable for harmful content and shut down offending platforms under a “world-leading” government plan.

Coming in for heavy criticism over the past year, Facebook has instituted changes, particularly on privacy and the transparency of political campaign ads.

Facebook chief Mark Zuckerberg has called for “globally harmonised” online regulation.

Sceptics say Facebook is seeking to buy time amid calls for tougher regulation in the United States and elsewhere — with some calls to break up major tech firms and other activists questioning whether they should maintain immunity from liability for content posted by users.

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