BREAKING NEWS

BREAKING NEWS

Facebook says it is 'open to meaningful regulation'

Facebook says it is 'open to meaningful regulation'
FILE PHOTO: Silhouettes of laptop users are seen next to a screen projection of Facebook logo in this picture illustration taken March 28, 2018. REUTERS/Dado Ruvic/Illustration/File Photo -
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LONDON (Reuters) - Facebook is "open to meaningful regulation", it said on Monday after British lawmakers said that big technology companies should be subject to a compulsory code of ethics to tackle the spread of fake news and abuse of users' data.

"We are open to meaningful regulation and support the committee's recommendation for electoral law reform," said Facebook's public policy manager, Karim Palant.

He added that Facebook is "not the same company" it was a year ago and had already made substantial changes to its procedures.

(Reporting by Paul Sandle; Editing by David Goodman)

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