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Tech companies try to avoid scrutiny

New rules being proposed especially by the US and the EU can enable the likes of Google, Facebook, Amazon and Microsoft to monetize data on a grand scale.

That means the role of governments in overseeing global electronic commerce can weaken. The US, for example, does not want any discriminatory restrictions on the treatment of digital products, cross-border transfer of information by electronic means, and location of computing facilities, including cloud computing, among others. The US’s position is also being shared by Japan and several other former members of the Trans-Pacific Partnership agreement.

However, the US, EU and Japan among others want to prohibit the mandatory transfer of source code by suppliers of software in other countries. Studies have shown that software with complex source code could contain certain hidden algorithms that facilitate dark data flows without the consent of the countries and help tech-companies in monetizing that dark data. Russia has challenged the need for a prohibition on source code, saying that without credible security and other guarantees, it is incumbent on the suppliers of software to provide source code.

Tech companies, while insisting their technology is too complex to be legislated, spend billions of dollars lobbying against any oversight.

 
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