Government regulation coming for tech giants?

The Canadian government is “actively considering” regulating social media giants and believes that self-regulation of the platforms has failed, reports The Toronto Star.

Democratic Institutions Minister Karina Gould told the Star and BuzzFeed News that “all options are on the table” when it comes to applying domestic rules to international social media and tech giants like Facebook, Google, Amazon and Twitter.

Several countries, including Australia and the U.K. have recently taken steps to curb the largely un-checked power of tech giants.

Australia passed a stringent law that demands social media companies quickly remove violent content from their platforms in light on the Christchurch massacre in New Zealand.

In the U.K., a Parliamentary committee suggested that social media companies should be subjected to independent oversight and fined over “online harms.” The U.K. is looking to appoint an independent regulator to oversee social media companies’ protection of its users and dole out penalties like fines and blocked website access where appropriate.

You can read the full story here.