UK Could Fine TikTok up to $29M over Child Privacy Issues

Image copyright: Nurphoto/Getty Images [via CNBC]

The Spin

Pro-establishment narrative

Though only provisional, this letter of intent is a sign that powerful tech companies can be held accountable through legislative means. With the Children's Code in place now for a year, the UK government has the opportunity to prove its commitment to protecting the safety and privacy of its youth through responsible regulation.

Establishment-critical narrative

This attempt to regulate big tech could end up dying on the vine. Since this "provisional" investigation included no specific accusations, it could lead to nothing. The $29M fine is only what the company could potentially be fined and, after it provides its counter-argument, TikTok may walk away relatively unscathed. There may be very little to see here in the end.


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