Facebook says it supports bill that would regulate political ads on the internet
LUKE BARNES at Think Progress
https://thinkprogress.org/facebook-supports-bill-that-would-regulate-internet-political-ads-d3393f5dee31/
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Facebook announced Friday that it would support a bipartisan piece of legislation that regulates political ads on the internet, less than a week before CEO Mark Zuckerberg is set to testify in front of lawmakers on Capitol Hill.
The Honest Ads Act, introduced last October by Sens. Amy Klobuchar (D-MI), Mark Warner (D-VA) and John McCain (R-AZ), calls for internet political ads to be transparent, and disclose who paid for them. Currently that mandate only applies to political ads that run on television, radio, and print media.
“The content and purchaser(s) of those online advertisements are a mystery to the public because of outdated laws that have failed to keep up with evolving technology,” Warner’s proposal read. “The Honest Ads Act would prevent foreign actors from influencing our elections by ensuring that political ads sold online are covered by the same rules as ads sold on TV, radio, and satellite.”
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As recently as last week, it was still unclear whether or not Facebook would support the measure, and the company’s head of ad products declined to offer any clarification. But in a Facebook post on Friday, Zuckerberg himself endorsed the idea.
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