Posts Under: Trade

The Dangers of Deglobalization

Last week, the U.S. Chamber of Commerce released a report entitled, Preventing Deglobalization: An Economic and Security Argument for Free Trade and Investment in ICT.  Given the Brexit vote earlier this year, the G-20 Summit earlier this week, and both major U.S. Presidential candidates’ vocal disapproval of trade deals, this report comes at an excellent time to counteract the public’s declining faith in globalization.   Concerns stemming from the results of a globalized ICT economy are not unjustified.  Some countries have adopted protectionist policies in an attempt to foster their own competitive economies in the global marketplace, and others have done it with national security in mind to ensure that globalized products do not contain malware inserted by a foreign country or company to conduct cyber theft or espionage.  These are both fair reasons for wanting to adjust policy to remedy these concerns.  However, as the Chamber’s report ...

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USTR Digital Trade Working Group Rapid Response Team Creation An Excellent Step

United States Trade Representative Michael Froman announced on July 18 the creation of a digital trade working group.  This will “serve as a ‘Rapid Response’ team to identify and combat barriers to digital trade around the globe, as well as promote sound policies to advance global digital trade.” This is from SIIA’s perspective an excellent initiative.  It is especially significant that the Working Group will, among other things, focus on the enforcement of existing trade law commitments pertinent to digital trade.  SIIA strongly supports the Trans-Pacific Partnership (TPP), the Transatlantic Trade and Investment Partnership (TTIP), and the Trade in Services Agreement (TISA).  In order to build support for this expansive trade agenda, vigorous enforcement of existing commitments is helpful. Clearly, USTR is looking at all means at its disposal to enhance the international position of the digital sector write large.  The emph ...

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Proposals Aim to Improve the Effectiveness of the FTC while Preserving Consumer Protection

In 2014, the Federal Trade Commission (FTC) celebrated its 100-year anniversary, marking over a century as the lead consumer watchdog based on its broad authority established by Sec. 5 of the Federal Trade Commission Act, which prohibits “unfair or deceptive acts or practices in or affecting commerce.” The Commission has demonstrated that after a century, their Section 5 authority is flexible enough to keep pace with rapid technological evolution.  For instance, as SIIA has highlighted in a recent policy paper, the FTC settlement with TRENDnet demonstrated that the FTC’s regulatory authority is indeed applicable to the Internet of Things (IoT).  The FTC v. Wyndham demonstrated that while data security is not explicitly identified in Section 5, the FTC’s unfairness authority includes the ability to protect consumer data from data breaches. While there is little question of the critical value of the FTC as the lead regulator and enforcer of consume ...

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DIGITALEUROPE, ECIPE, and SIIA Host Brussels Workshop On: The Importance of Complementary Policy for ICT in the EU

On December 4, 2015 DIGITALEUROPE hosted a workshop with the European Center for International Political (ECIPE) and SIIA on a recent ECIPE report written by Erik van der Marel.  Van der Marel explains the importance of “complementary policy” in unleashing greater productivity growth resulting from the use of Information and Communications Technology (ICT) in the EU.  By complementary policy, ECIPE means especially trade freedom, product market regulations, non-resident patent filings, general property rights protection, the strength of legal rights in general, R&D spending (particularly from abroad), and a number of other factors.  The special importance of trade openness (including data flows), investment openness (R&D investments and patent applications financed from abroad), and intellectual property rights (IPRs) is no surprise to SIIA.  Policymakers should review Van der Marel’s document carefully.

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SIIA Participation in July 2 Berlin Data Conference

I spoke on July 2 in Berlin at a conference organized by the German Standards Agency (DIN) on “Data protection in the EU and Germany – Impediment or basis of our digital future.”  SIIA was one of the sponsors of this important event.  DIN put together a terrific program with a good blend of proponents of European data protection approaches and perspectives from industries in the forefront of data-driven innovation.

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SIIA Sets Its Legislative Priorities for 2015

A new Congress and a reinvigorated Administration mean legislation of interest to SIIA’s members is likely to pass in 2015.  We intend to be pro-active and vigilant to ensure that this legislation responds to the broad public interest, including preserving and advancing the business interests and opportunities of SIIA’s member companies.

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