MIT Sloan Management Review Article on The Right Way to Regulate the Tech Industry

Today’s patchwork of privacy laws and industry self-regulation lack transparency and coherence and don’t go far enough to protect customers and competition

Over the past decade, tech giants have risen to become the biggest companies in the world, all while operating with little formal, structured government oversight. But this lack of oversight has come at a cost. Today’s patchwork of privacy laws and industry self-regulation lack transparency and coherence: The combination drives up the cost of innovation and doesn’t go far enough to encourage healthy competition or to protect the billions of people worldwide who now rely on the products and services tech companies produce.