If there was ever a piece of no-brainer legislation that should be passed by Congress, it is the Honest Ads Act put forward last week by US senators Amy Klobuchar, Mark Warner and John McCain. This bipartisan group is asking for online political advertising to be subject to the same rules of disclosure as ads on television, print, and radio. The idea is to make sure that foreign nations like Russia cannot use platforms such as Facebook, Google or Twitter to influence US elections, as they did in 2016.
The legislation is necessary for three reasons. First, it would even the playing field between platform companies and the rest of the media industry. This is long overdue. Google and Facebook together take roughly 85 per cent of all new digital advertising revenue. For years, they have come up with absurd excuses for why they should not be subject to the same rules as everyone else (online ads are too small to include disclaimers; it is too tough to figure out if ads are commercial or political, and so on).
Their reasoning does not hold water. These businesses have traditionally been just fine using the smallest of small print on privacy policies, so it should not be too much trouble to do the same thing with political disclosures. And if it is too tough to figure out what is political, play it safe and disclose everything.