U.K. Lawmakers Recommend Harsher Penalties for Tech Firms

  • MPs publish final report after a year-long fake news inquiry
  • Suggestions not legally binding but will be taken as advice
Photographer: Luke MacGregor/Bloomberg
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A committee of senior lawmakers in the U.K. recommended the British government take tougher measures to keep technology companies like Facebook Inc. in check, following a year-long inquiry into fake news and its impact on elections.

Damian Collins, the policy maker who spearheaded the inquiry, called for Parliament to create new laws to help a proposed regulator oversee the industry, with fines for companies to be calculated based on their revenue.