U.K.'s May Proposing Tech Tax in Push for Safer Web

The video discusses the increasing government regulation of tech companies, particularly in the EU, in response to public demand for action against Internet harms like hate speech and fake news. It highlights the EU's aggressive stance, including fines against companies like Facebook, and contrasts it with the US's more laissez-faire approach. The discussion also touches on the challenges governments face in regulating these influential companies effectively.

What is the main reason behind the UK's proposed levies on social media companies?

• To support tech company growth

• To reduce taxes for other sectors

• To counter Internet harms and protect users

• To increase government revenue

Which country is considering imposing the strictest laws against social media giants?

• Italy

• United Kingdom

• Germany

• France

Why was Facebook fined by the EU?

• For tax evasion

• For incorrect data during WhatsApp acquisition

• For monopolistic practices

• For not complying with advertising standards

What is a potential consequence of the EU's fines on tech companies?

• More mergers and acquisitions

• Higher profits for tech companies

• Reduced influence of tech companies

• Increased innovation

How does the US tech community generally view the EU's regulatory actions?

• As irrelevant

• As too lenient

• As supportive and encouraging

• As heavy-handed

What is the EU's main concern with tech companies?

• Their influence on society

• Their contribution to the economy

• Their employment rates

• Their advertising strategies

What is the US's general approach to tech company regulation?

• Non-existent

• Strict and comprehensive

• Laissez-faire

• Highly interventionist