Federal Communications Commission Chair Brendan Carr is preparing to weaken the legal protection known as Section 230 that shields Big Tech companies from liability, according to a report from the New York Post.
Post columnist Charles Gasparino reported that Carr’s plan to erode Section 230 could potentially cost some of the world’s most profitable companies billions in market value.
Section 230 of the Communications Decency Act of 1996 was written to protect tech companies from being held legally responsible for third-party postings on their platforms, as it was thought that defamation lawsuits over content posted by third parties could crush the fledgling industry.
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