The government’s plan to regulate non-personal data is facing pushback from US tech giants. Specifically, Google, Amazon, Facebook are preparing to counter any attempt to regulate such data. Additionally, these tech companies are not the only groups to have concerns about such regulations. One such group is USIBC an extension of the US Chamber of Commerce. The government’s plan to regulate non–personal data is the result of recommendations from a government panel. The panel in late July recommended a plan to regulates non-personal information that companies find critical for business strategy.
Specifics
The government’s plan to regulate non-personal data is based on a recommendation from a government panel. Specifically, the panel recommended a plan that would force companies to share non-personal data they’ve collected. The panels plan for data sharing includes sharing with government entities and even companies in direct competition. The head of the panel stated that while addressing the concerns of industry heads they believe their recommendation is best. Specifically, they feel it will galvanize the digital economy and improve it. However, there are other agencies and entities that are vehemently opposed to any data sharing regulations. Specifically, the USIBC has voiced strong opinions on the government’s plan to regulate non-personal data even calling it an anathema.
It is their belief that any government regulations that enforce data sharing will hurt the digital economy by preventing competition. Additionally, the USIBC stated that it would also steal away the investments of companies that process and correlate such data. While the panel and the government may have valid security concern as far as the economics it is questionable. There are more issues besides the fact that government’s plan to regulate non-personal data will directly impact several companies negatively. Specifically, companies are forced to share data that would most likely include their finding on that data. As a result, their competitors will profit off others hard work and research. Also, simply copy another’s work matter how effective prevents innovation and leads stagnation.