UK Online Safety Law Threatens Big Tech Bosses With Jail

Leaders of social media companies could face up to two years in jail if they repeatedly fail to protect children from harmful content online, under the latest amendments apparently added to the UK's Online Safety Bill.

Under the proposed rules, technology executives could be held criminally liable for violating statutes in the bill, including failing to remove illegal content or censor posts relating to cyberbullying, self-harm or suicide, for all users under 18 years old.

Michelle Donelan, the UK's Culture Secretary, has reportedly accepted these changes, which were advocated by a group of Conservative Party rebel MPs led by Miriam Cates, representing Penistone and Stocksbridge, and Sir Bill Cash standing for Stone in Staffordshire. 

The Conservative Party has squabbled over the UK Online Safety Bill for months, causing delays to passage of amendments. Government MPs want social media companies and web giants, like TikTok, Meta, Twitter, and Google, to bolster safety protocols prohibiting online harassment, stalking, revenge pornography, fraud, the sale of illegal drugs and weapons without limiting free speech.

A previous version of the bill called for jail time only if officials refused to cooperate with information requests from UK communications regulator Ofcom. Lawmakers have now successfully proposed amendments that would see tech executives face up to two years in jail for consistently failing to comply with the bill's rules. 

The social media industry lobby group TechUK has previously warned the UK government that the threat of criminal prosecutions could deter investment and drive companies to leave the country.

"The government has clearly accepted the argument that the strictest sanctions need to apply for harming children," Cates said in a reported statement. "This is a good outcome. We are going to have the scope to address all the harms for children. That is very positive."

Meanwhile Cash noted that a similar bill is currently being considered by lawmakers in Ireland. "There will be prison for those senior managers who fail to comply with enforcement requirements. I have been speaking to Irish lawyers and they say it is really effective and that is where we are," he added. ®

RECENT NEWS

The Penny Drops: Understanding The Complex World Of Small Stock Machinations

Micro-cap stocks, often overlooked by mainstream investors, have recently garnered significant attention due to rising c... Read more

Current Economic Indicators And Consumer Behavior

Consumer spending is a crucial driver of economic growth, accounting for a significant portion of the US GDP. Recently, ... Read more

Skepticism Surrounds Trump's Dollar Devaluation Proposal

Investors and analysts remain skeptical of former President Trump's dollar devaluation plan, citing tax cuts and tariffs... Read more

Financial Markets In Flux After Biden's Exit From Presidential Race

Re-evaluation of ‘Trump trades’ leads to market volatility and strategic shifts.The unexpected withdrawal of Joe Bid... Read more

British Pound Poised For Continued Gains As Wall Street Banks Increase Bets

The British pound is poised for continued gains, with Wall Street banks increasing their bets on sterling's strength. Th... Read more

China's PBoC Cuts Short-Term Rates To Stimulate Economy

In a move to support economic growth, the People's Bank of China (PBoC) has cut its main short-term policy rate for the ... Read more