Home Platforms Facebook Pays Lip Service To An Irate Committee Of International Politicians

Facebook Pays Lip Service To An Irate Committee Of International Politicians

SHARE:

Representatives from nine governments gathered in London on Tuesday with pointed questions for Mark Zuckerberg about fake news, misinformation, hate speech, election interference, privacy and data collection.

Thing is, Zuckerberg wasn’t there, having declined repeated invitations to testify before the UK’s Digital Culture, Media and Sports Committee.

The parliamentarians from Britain, Canada, France, Ireland, Belgium, Brazil, Argentina, Singapore and Latvia who did show up for the international confab were not pleased.

“How does it look that Mark Zuckerberg is not here today?” asked British Labour MP Clive Efford.

“Not great,” admitted Richard Allan, Facebook’s VP of public policy, who was there to testify in Zuck’s stead.

Allan isn’t the first Facebook executive to face a proper grilling by lawmakers in the United Kingdom. In late April, Facebook’s chief technology officer, Mike Schroepfer, spent five hours in the hot seat when the Cambridge Analytica scandal was still fresh.

The upshot back in April was that Facebook cannot be trusted to regulate itself, particularly on the election integrity front. The takeaway this time around was much the same.

Allan, a former Liberal Democrat MP and current peer in the House of Lords, told his interrogators that he and Facebook are working to “precisely understand the kind of regulatory framework that’s in everyone’s interests.”

Facebook and other tech companies have recently started to voice support for more wide-ranging privacy legislation, whether that be the General Data Protection Regulation in Europe or a cohesive privacy law in the United States to circumvent the headache of complying with multiple states passing their own rules.

“I don’t think it’s up to Facebook to determine what regulatory structure it should be under – it should be up to Parliament to determine that and that’s why we’re here,” the committee’s chairman, Conservative MP Damian Collins, noted in a dismissive aside.

Facebook knows the pendulum is swinging heavily away from self-regulation and it’s adopting the posture of a company that’s contrite for past actions but ready to acquiesce to the changing winds.

But Facebook’s trust factor is in the toilet.

“You have lost the trust of the international community to self-police and we have to look for a method for holding you and your company accountable,” said Canadian representative Charlie Angus.

Be that as it may, and strong words aside, advertisers have yet to defect en masse from the platform, and Facebook continues to rake in money hand over fist. Revenue was $13.73 billion in the third quarter alone.

Must Read

AdExchanger's Big Story podcast with journalistic insights on advertising, marketing and ad tech

Google Had Its Day In Court. Now, It’s Amazon’s Turn

Google won’t have to break up its ads business after being declared an online monopolist. Meanwhile, Amazon faces a lawsuit from the FTC alleging that it charged advertisers more than necessary for ecommerce ads.

The FTC’s Amazon Lawsuit Is Ad Tech’s History Of Opacity Repeating Itself

Buy-side experts said it’s another example of a Big Tech platform taking advantage of the lack of transparency built into programmatic ad auctions. And they’re not optimistic change is coming.

How The Fin Tech Clearco Finances Ecommerce Startups (Without Losing Its Shirt)

This week, the Commerce Media Newsletter catches up with a startup from outside the world of data-driven advertising, but with an interesting position when it comes to ecommerce advertising. That’s Clearco, a Canadian fin tech company founded in 2015.

Privacy! Commerce! Connected TV! Read all about it. Subscribe to AdExchanger Newsletters
LOS ANGELES, CALIFORNIA - APRIL 26: Halo Collar CMO Seth Solomons attends a Celebration to Shine a Light On Dog Safety With Halo Collar on April 26, 2022 in Los Angeles, California. (Photo by Stefanie Keenan/Getty Images for Halo Collar)

How Halo Collar Uses Data And Incrementality To Raise Both Awareness And Sales

Halo Collar, a dog collar brand with direct-to-consumer origins, is preparing for its retail expansion by honing its first-party data strategy and incrementality measurement.

tech family cartoon technology family

CartographAI Launched To Help Advertisers Pick The Right Tech Vendors. Now, It’s Helping Vendors Market Themselves, Too

The company is launching an accelerator program to help tech vendors pitch their solutions in a way that makes sense to advertisers.

Comic: Weather Bar

Neuroscience And AI Are Transforming The Weather Company’s Measurement Stack

TWC is building a monetization model that treats weather as both a contextual and an emotional signal, and it’s using AI sales agents to bring it to market.