Today’s major technology firms wield huge social and political influence across the world to the point that their actions, and the content they host, is often seen as a direct challenge to national sovereignty and the norms and power structures that support states. In regions and countries as varied as Europe, China, the United States, Australia and Russia, governments are proposing and—in the case of China, Russia, and Australia—implementing regulations that purport to protect the national interest by imposing new duties on the largest online players. Their effectiveness in economic or social terms is uncertain, and their impact on rights has been heavily criticized by civil society.
Rethinking technology policy and governance for the 21st Century (brookings.edu)