Southeast Asian nations weigh unified approach to regulating Big Tech

BANGKOK/JAKARTA (Reuters) – Southeast Asian governments are banding together to take on global tech giants on issues including “fake news” and taxation, marking a new stage in the region’s approach to the internet’s explosive growth. The stakes are high both for the governments, which are counting on the digital economy to drive growth and innovation amid domestic political tensions, and the companies, which view Southeast Asia’s social-media-loving population of 641 million as a key growth market. The new initiatives, which have not previously been reported, include an effort by Indonesia to join forces with Thailand, Vietnam and the Philippines in demanding action from Google, Facebook and other companies on content regulation and tax policy.

source https://finance.yahoo.com/news/southeast-asian-nations-weigh-unified-062750976.html?.tsrc=rss

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