Consumer/Entertainment/Interview/ Big tech needs bigger regulation, France’s Cedric O says Big tech companies need to be more heavily regulated, but Europe will make its own decisions, including on TikTok, France’s secretary of state tells Sifted. By Marie Mawad in Paris 27 October 2020 \Consumer Pollen to update employees on company’s future after administration rumours By Eanna Kelly and Freya Pratty 9 August 2022 Consumer/Entertainment/Interview/ Big tech needs bigger regulation, France’s Cedric O says Big tech companies need to be more heavily regulated, but Europe will make its own decisions, including on TikTok, France’s secretary of state tells Sifted. By Marie Mawad in Paris 27 October 2020 Big technology companies should be regulated more heavily as their footprints grow, France’s junior minister for digital affairs, Cedric O, tells Sifted in an exclusive interview. But Europe is going its own way on decisions, including whether or not to ban TikTok, says O. Technology giants from Silicon Valley to China have come under increasing regulatory fire in recent years, culminating in recent moves by Donald Trump’s administration in the US to ban China-owned short video platform TikTok. European governments, and the European Commission, are paying close attention to these international tussles, and have imposed their own set of restrictions for some technology, including 5G telecoms equipment. “The US are making their decisions, and we’re making ours,” says O. “To be straightforward, there are areas such as 5G, in which there are strategic and sovereign issues,” says O. “I’m not completely sure that there’s a sovereign issue regarding TikTok, at least not so far.” That doesn’t mean Europe isn’t standing ready to defend its interests on a variety of topics, including how data from European users is collected and what’s done with it. The adoption of General Data Protection Regulation (GDPR), which came into force in May 2018 after years of negotiation between member states, is one example. “Europe, and France especially, has to defend its sovereignty, but there should be a rational estimation of sovereignty risks,” says O. “As long as international investors respect regulatory frameworks and French law, they’re welcome in France.” Marie Mawad is Sifted’s French correspondent. She also covers AI, and tweets from @Marie_a_Paris Related Articles Investment in games and esports zooms but will the party last? Er, yes. By Monty Munford Click here to read more Meet the creator of Polytopia, Elon Musk’s favourite video game By Tim Smith in Barcelona Click here to read more Member 15 gaming startups to watch, according to top investors By Tom Matsuda Click here to read more Mobile gaming: Soon bigger than the music market? By Kit Gillet in Bucharest Click here to read more Most Read 1 \Fintech What Revolut employees did next: introducing the fintech alumni-come-founders and execs 2 \Startup Life Which European countries have digital nomad visas? 3 Member \Venture Capital Are we in a downturn? What the data tells us about European tech in 2022 4 \Fintech What goes up must come down: A journey through Klarna’s valuation history 5 \Startup Life Troubled events startup Pollen in administration after failing to find buyer Join the conversation Subscribe Notify of new follow-up comments new replies to my comments
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