What if Facebook Goes Down? Ethical and Legal Considerations for the Demise of Big Tech

Internet Policy Review, 9(3). DOI: 10.14763/2020.3.1488

21 Pages Posted: 24 Dec 2019 Last revised: 27 Oct 2020

See all articles by Carl Ohman

Carl Ohman

University of Oxford, Oxford Internet Institute, Students

Nikita Aggarwal

University of Oxford - Oxford Internet Institute; University of Oxford, Faculty of Law; European Corporate Governance Institute (ECGI)

Date Written: November 27, 2019

Abstract

Society is becoming increasingly dependent on data-rich, “Big Tech” platforms and social networks, such as Facebook and Google. But what happens to our data when these companies close or fail? Despite the high stakes involved, this topic has received only limited attention to date. In this article, we use the hypothetical failure of Facebook as a case study to analyse legal and ethical risks related to the closure of data-rich, Big Tech platforms. Focusing on the EU, we argue that existing governance frameworks are inadequate for addressing these risks and make preliminary recommendations with a view to setting an agenda for future research and policymaking on the demise of Big Tech platforms and data-rich companies more broadly.

Keywords: Facebook, Social Media, Data Protection, Privacy, Information Ethics, Insolvency

Suggested Citation

Öhman, Carl and Aggarwal, Nikita, What if Facebook Goes Down? Ethical and Legal Considerations for the Demise of Big Tech (November 27, 2019). Internet Policy Review, 9(3). DOI: 10.14763/2020.3.1488 , Available at SSRN: https://ssrn.com/abstract=3494144 or http://dx.doi.org/10.2139/ssrn.3494144

Carl Öhman (Contact Author)

University of Oxford, Oxford Internet Institute, Students ( email )

1 St. Giles
Oxford, Oxfordshire OX1 3JS
United Kingdom

Nikita Aggarwal

University of Oxford - Oxford Internet Institute ( email )

1 St. Giles
University of Oxford
Oxford OX1 3PG Oxfordshire, Oxfordshire OX1 3JS
United Kingdom

University of Oxford, Faculty of Law ( email )

St Cross Building
St Cross Rd
Oxford
United Kingdom

European Corporate Governance Institute (ECGI) ( email )

c/o the Royal Academies of Belgium
Rue Ducale 1 Hertogsstraat
1000 Brussels
Belgium

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