{"id":553688,"date":"2021-03-05T07:00:55","date_gmt":"2021-03-05T07:00:55","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2021\/03\/05\/reforming-the-web\/"},"modified":"2021-03-05T07:00:55","modified_gmt":"2021-03-05T07:00:55","slug":"reforming-the-web","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2021\/03\/05\/reforming-the-web\/","title":{"rendered":"Reforming the web"},"content":{"rendered":"

Society leads, the law follows:<\/strong> For decades, US antitrust laws \u2014 originally designed to curb the power of 19th-century corporate giants in railroads, oil and steel \u2014 have long been hailed as \u201cthe Magna Carta of enterprise,\u201d<\/a> and now may be turned to rein in the monopoly power assumed by the world\u2019s biggest tech companies. Experts often argue over what should be subject to regulation. Should guidelines look at content moderation? Should legislators push for more security and data transparency? Is an antitrust watchdog the right tool?<\/p>\n

2020 was the year that policymakers began to pay attention:<\/strong> Responding to the growing so-called \u201ctechlash\u201d against the influence of tech companies, regulators in the US<\/a>, EU<\/a> and the UK<\/a> are all now considering resorting to anti-trust action. Beijing is cracking down<\/a> on its own cluster of tech bn\u2019aires, and, in an attempt to protect its faltering press, Australia is attempting to force Google and Facebook to pay news publishers for the content they use on their platforms. In the same way that Rockefeller\u2019s Standard Oil empire was broken up a century ago, antitrust action could result in some of the largest technology companies being split into smaller entities to protect the market from anti-competitive practices. The US Justice Department is considering whether to force Google to sell<\/a> its Chrome browser while a group close to the Biden White House is recommending<\/a> that the administration expand the antitrust investigations into Google and Facebook, and advocate breaking them up.<\/p>\n

The creator of the internet has called for a rethink: <\/strong>To save the internet from becoming a tool used for dystopian ends, Tim Berners-Lee has called for \u201cdata sovereignty\u201d<\/a> to be made a foundational concept of how we use and operate the web. This would mean giving users control of their data and personal information \u2014 and putting in place mechanisms to prevent people\u2019s information from being harvested without their informed consent. Companies would still be allowed extract, store and analyse personal data, but only after the individual agrees to let them.<\/p>\n","protected":false},"excerpt":{"rendered":"

Society leads, the law follows: For decades, US antitrust laws \u2014 originally designed to curb the power of 19th-century corporate giants in railroads, oil and steel \u2014 have long been hailed as \u201cthe Magna Carta of enterprise,\u201d and now may be turned to rein in the monopoly power assumed by the world\u2019s biggest tech companies. […]<\/p>\n","protected":false},"author":1,"featured_media":553689,"comment_status":"closed","ping_status":"open","sticky":false,"template":"single-feature.php","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[9779],"tags":[2945,2383,2604,647,1143],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-553688","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-a-better-internet","tag-a-better-internet","tag-antitrust","tag-enterpriseyourwealth","tag-facebook","tag-google","wpautop","entry"],"acf":{"mongo_id":"ae453819-885b-4e00-978a-279e7a077bff","is_powered_by":true,"story_type":"1","photo_url":"https:\/\/ent.news\/2021\/3\/9.jpg","photo_position":"above","related_issue":[553675],"teaser":"","voice_url":""},"yoast_head":"\nReforming the web - EnterpriseAM Egypt<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/egypt\/2021\/03\/05\/reforming-the-web\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Reforming the web\" \/>\n<meta property=\"og:description\" content=\"Society leads, the law follows: For decades, US antitrust laws \u2014 originally designed to curb the power of 19th-century corporate giants in railroads, oil and steel \u2014 have long been hailed as \u201cthe Magna Carta of enterprise,\u201d and now may be turned to rein in the monopoly power assumed by the world\u2019s biggest tech companies. 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Ahmed Samir said yesterday his House Economics Committee had given preliminary approval to amendments to the Competition Act (law 3\/2005) that would give the ECA the power to reject mergers and acquisitions, Youm7 reports. The amendments would require\u2026","rel":"","context":"In "PARTING SHOT"","block_context":{"text":"PARTING SHOT","link":"https:\/\/enterpriseam.com\/egypt\/category\/parting-shot\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2021\/2\/475.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":642643,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/08\/20\/prosecutor-general-brings-cases-against-14-companies-for-alleged-antitrust-violations\/","url_meta":{"origin":553688,"position":1},"title":"Prosecutor General brings cases against 14 companies for alleged antitrust violations","author":"enterpriseam admin","date":"20 August 2017","format":false,"excerpt":"Prosecutor General brings cases against 14 companies for alleged antitrust violations: The Prosecutor General\u2019s office has filed charges with the Economic Court against 14 companies including beIN Media Group for alleged anti-competitive practices. The move follows investigations by the Egyptian Competition Authority, the authority said in a statement on Thursday.\u2026","rel":"","context":"In "Speed Round"","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":601612,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/03\/05\/us-regulators-are-considering-cutting-big-tech-down-to-size\/","url_meta":{"origin":553688,"position":2},"title":"US regulators are considering cutting Big Tech down to size","author":"enterpriseam admin","date":"5 March 2019","format":false,"excerpt":"It\u2019s one of the perennial questions of our era: when it comes to companies, how big is too big? In the case of big tech companies, it\u2019s a particularly thorny issue. Although Facebook, Amazon and Google may be \u201cthe big oil or railroad corporations of their day,\u201d in order for\u2026","rel":"","context":"In "Worth watching"","block_context":{"text":"Worth watching","link":"https:\/\/enterpriseam.com\/egypt\/category\/lifestyle\/worth-watching\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2019\/3\/1099.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":630954,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/03\/06\/ibnsina-confident-antitrust-fine-will-be-overturned\/","url_meta":{"origin":553688,"position":3},"title":"Ibnsina confident antitrust fine will be overturned","author":"enterpriseam admin","date":"6 March 2018","format":false,"excerpt":"Ibnsina Pharma\u2019s sales practices did not break competition rules, the company\u2019s Co-CEO Omar Abdel Gawad told Bloomberg. His comments followed the Cairo Court of Appeals agreeing to hear Ibnsina\u2019s appeal on a ruling that fined the company, alongside three other pharma manufacturers, a combined EGP 5.6 bn for alleged antitrust\u2026","rel":"","context":"In "Speed Round"","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":628049,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/06\/24\/ibnsina-pharma-lays-out-its-case-to-appeal-antitrust-case\/","url_meta":{"origin":553688,"position":4},"title":"Ibnsina Pharma lays out its case to appeal antitrust case","author":"enterpriseam admin","date":"24 June 2018","format":false,"excerpt":"Ibnsina Pharma lays out case in appeal of antitrust case: Ibnsina Pharma has filed documents countering antitrust allegations leveled against the company by the Egyptian Competition Authority (ECA), said company Chairman Mohsin Mahgoub. A Cairo Economic Court had found in March that Ibnsina, along with competitors United Co. for Pharmacists,\u2026","rel":"","context":"In "Speed Round"","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":576524,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/11\/29\/competition-watchdog-could-be-getting-sharper-teeth\/","url_meta":{"origin":553688,"position":5},"title":"Competition watchdog could be getting sharper teeth","author":"enterpriseam admin","date":"29 November 2020","format":false,"excerpt":"A handful of legislative changes on antitrust, civil society, and investment received nods from the Madbouly cabinet during the weekly meeting last Wednesday:Changes to the Antitrust Act would require companies to seek the Egyptian Competition Authority\u2019s (ECA) approval before finalizing mergers and acquisitions that could have an impact on competitiveness\u2026","rel":"","context":"In "Cabinet watch"","block_context":{"text":"Cabinet watch","link":"https:\/\/enterpriseam.com\/egypt\/category\/regulation\/cabinet-watch\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2020\/11\/293.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]}],"_links":{"self":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/553688","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/comments?post=553688"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/553688\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/wealth\/553675"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media\/553689"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=553688"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=553688"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=553688"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=553688"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=553688"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}