Japanese government intend to create Facebook and Google regulator

Open source
Japanese government discussed the issue of creating a supervisory body for large technology companies in order to prevent creating monopolies and handling personal data, Reuters reports.

"Japan’s government plans to set up a new watchdog to scrutinize big tech companies like Facebook and Google amid growing concerns about monopoly practices and the handling of personal data," the report said.

According to reports, the new authority will have to examine competitive practices, the protection of personal data, and make anti-trust recommendations.
The report notes that the Japanese government hopes to finalize its plans for the new regulator by the summer. At the same time, it is still uncertain when exactly such a body can begin its work.
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