Clegg also said the Facebook is open to changing a 1996 provision of U.S. law that insulates companies from liability for what users post. Facebook is open to limiting those protections, “contingent on them applying the systems and their policies as they’re supposed to,” he said.
Last week, Frances Haugen, a former product manager for Facebook, told a panel of the Senate Commerce Committee that the company’s pursuit of profits stoked division and harmed the mental health of young users. Her testimony came on the heels of a series of stories by the Wall Street Journal, based on internal Facebook research that Haugen had shared. Haugen had also sent information to the Securities and Exchange Commission.
The testimony gave momentum to recent efforts by lawmakers to pass legislation to more heavily regulate the social-media giant. Lawmakers are considering bills that would, among other things, limit protections for such companies against being sued and increase user-privacy protections.
Senator Amy Klobuchar said the whistle-blower’s allegations showed the need to strengthen antitrust enforcement. The Minnesota Democrat blamed Congressional inaction on lobbying by the tech industry.
“Every corner you go around, there are tech lobbyists, there are money that they are throwing around the town that has made it so that lawmakers are listening to them instead of listening to the facts,” Klobuchar said on “State of the Union.”
Subscribe to Ad Age now for award-winning news and insight.