White House Promotes Industry Self-RegulationBy Neil Munro Staff Writer
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White House Promotes Industry Self-Regulation
By Neil Munro Staff Writer
White House policy expert Ira Magaziner
To accelerate the growth of online commerce, the White House is about to announce a new policy that would give the high-tech industry the chance to draft rules that span a broad spectrum of their business.
The policy was outlined in a draft plan prepared by White House policy expert Ira Magaziner, with advice from industry executives. The plan offers the high-tech manufacturers, systems integrators, software developers and Internet companies the chance to write rules for protection of consumers' private data. Industry would also help draft regulations that govern routine business transactions and develop software that could be used to exclude online pornography from consumers' PCs.
"One always fights a losing battle if one tries to fight technological development," said Magaziner in an interview.
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