LONDON - Facebook and other big tech companies should be subject to a compulsory code of ethics to tackle the spread of fake news, the abuse of users' data and the bullying of smaller firms, British lawmakers said on Monday (Feb 18).
In a damning report that singled out Facebook chief executive Mark Zuckerberg for what it said was a failure of leadership and personal responsibility, the UK parliament's Digital, Culture, Media and Sport Committee said the companies had proved ineffective in stopping harmful content and disinformation on their platforms.
"The guiding principle of the 'move fast and break things' culture often seems to be that it is better to apologise than ask permission," committee chairman Damian Collins said.
"We need a radical shift in the balance of power between the platforms and the people."
Collins said the age of inadequate self-regulation must come to an end.