Technology

Britain Makes Tech Giants Pay for Their Own Regulation

With new fees for major platforms, Britain’s media regulator Ofcom is pressing ahead with the Online Safety Act, fuelling a contentious debate. Companies are expected to pay for their own regulation. Signal has already warned it could leave the UK.

In the UK, tech companies are to pay for their own regulation. Photo: coldsnowstorm/Getty Images/ChatGPT

In the UK, tech companies are to pay for their own regulation. Photo: coldsnowstorm/Getty Images/ChatGPT

Britain’s media regulator Ofcom is pressing ahead with the controversial Online Safety Act and is, for the first time, charging major technology companies. Since April, a new fee regime has required high-revenue platforms to bear the cost of regulation themselves.

Critics see this as a further step towards tighter control of digital content and warn of serious encroachments on freedom of expression. At issue is the financing of regulation by the industry itself. Companies are required to pay levies to fund their own regulation by a British authority.

New Fee Regime

Under the scheme, companies with substantial global revenues must register and pay levies. The framework is based on the Online Safety Act of 2023, which grants Ofcom broad powers to monitor and enforce online safety standards. The aim is to better protect children and young people from harmful content.

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