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 \Deeptech This games console has a Siri-beating AI in it that wants to be your friend By Tim Smith in Barcelona 8 September 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 Homa raises $100m to give indie game developers a leg up By Tim Smith in Barcelona Click here to read more Mobile gaming: Soon bigger than the music market? By Kit Gillet in Bucharest Click here to read more 15 metaverse startups to watch according to investors and founders By Maija Palmer Click here to read more Gaming investments in 2022 — where’s the money going? By Tim Smith in Barcelona Click here to read more Most Read 1 \Venture Capital There are only two accelerators European VCs care about 2 \Consumer Gorillas investors to pay $100m to secure Getir all-stock buyout, sources say 3 \Venture Capital VCs using scouts means founders get the short end of the stick 4 \Venture Capital Founders, here’s how top VCs are doing due diligence on you 5 Plus \Venture Capital November’s hottest seed rounds Join the conversation Subscribe Notify of new follow-up comments new replies to my comments
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