[Microsoft President Brad Smith spoke with Steve Kovach on CNBC’s “Tech Check,” explaining, according to this post on CNBC’s website, “that tech regulation is coming whether the industry participates or not.” According to Smith, “It doesn’t matter whether you like it or hate it… And it’s right for people to point out the issues that cause concern, but more than anything, we need to lean in and figure out how to make this work because it is not going to be a success unless we do that.”

Brad Smith gave an important keynote speech on the topic “at the International Association of Privacy Professionals conference in Washington, D.C.” It contrasted with an earlier keynote “by Apple CEO Tim Cook, who warned that certain antitrust laws being considered by Congress could harm consumer privacy protections.”

“Smith suggested in his CNBC interview that” regulation “may not be an all or nothing proposition.” He told Kovach: “If you can put standards in place in one app store that governs a million apps, you can put standards in place to make room for two or three or four app stores that all have to comply with the same objective security and privacy requirements.” He also indicated that “The Europeans, the British, the Australians, the Japanese, the Koreans, they’re all moving forward,” suggesting that the US should “play an active role as well.”

WATCH THE COMPLETE CLIP ON THE CNBC WEBSITE BY CLICKING ON THIS LINK

Contact Queue Associates

Please contact Queue Associates, Inc., a Microsoft Dynamics Gold Partner, to learn more about our work with Microsoft and perspective on key U.S. technology regulations, along with Voices for Innovation (VFI). (Jeffrey Goldstein, Managing Director of Queue Associates, is a VFI Advisory Task Force Alumnus and still actively engages with the organization on policy issues.)

Also, please learn about Queue Associates’ investments in data privacy compliance everywhere we do business. We’re currently focusing on critical privacy regulations in California (CCPA) and Virginia (CDPA), New York’s upcoming state laws, and emerging regulations in other U.S. states. See this blog post on VFI’s website:

THE VALUE OF INVESTING IN PRIVACY COMPLIANCE: Voices for Innovation (VFI) – Jeffrey Goldstein

You can reach us by completing the form on our CONTACT page or by calling us at the Queue office phone number for your local region (in the U.S. and Global locations).