How Can Washington Take On Big Tech? The Digital Commerce Agency

By Olive Morris — February 25, 2021

Just as Congress once created the Federal Communications Commission to oversee the rapidly growing radio and TV industries, it is time to create a new Digital Commerce Agency that could protect consumers, competition, and democracy.

Facts At-A-Glance

  • 81% of Americans

    report they had “very little/no control over the data companies collect” and 59% of Americans have “very little/no understanding” of what is done with that data.

  • Only $1 on average

    is how much it costs to buy a Social Security number on the dark web. Other pieces of information, like bank information, are as inexpensive as $15 on average.

  • Cybercrime has $1.5 trillion

    in profits globally each year, making it more profitable than the illegal global drug trade. And in 2019, there were over 1,500 data breaches in the United States alone.

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