On April 29, 2010, I blogged that the Social Media Privacy Protection is in the works. This bill has not yet been passed; however, I think this type of legislation will eventually be enacted because up until this point the online business community has not done enough to police itself.
On July 22, 2010, the U.S. House of Representatives Subcommittee on Commerce, Trade, and Consumer Protection held a hearing regarding how online service providers handle user information. During the session, online industry leaders asked Congress to act in a manner that will be flexible enough to address the rapid advances in digital media. On July 27, 2010, the U.S. Senate Committee on Commerce, Science, and Transportation will have a full committee hearing on consumer online privacy. Representatives from Apple, Facebook, Google, and AT&T are scheduled to testify.
Capital Hill's interest in electronic media privacy issues has made the online business community realize that it must do a better job of being proactive than reactive to privacy issues. Unfortunately, it has taken the threat of congressional action for Internet service providers and online service providers to realize that consumers still highly value their privacy.
I believe these hearings are long overdue. However, I think it would be a mistake for Congress to overreact and draft legislation that hampers innovation. Therefore, if Congress decides to act I hope it is in a manner that offers consumers and businesses the privacy they desire without harming the online community's ability to create cutting edge technological advances.
To learn more about online privacy issues and how to monetize your social media assets you may contact me at www.shearlaw.com.
Copyright 2010 by the Law Office of Bradley S. Shear, LLC. All rights reserved.