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Treasury Committee presses tech giants further on Economic Crime

1 October 2021

Mel Stride, Treasury Committee Chair, has written to tech giants Google, eBay, Facebook, and Amazon with a series of questions relating to their policies and actions to combat economic crime, prevent fraud, and protect consumers.

The correspondence follows an evidence hearing with the four companies on 22nd September as part of the current inquiry on Economic Crime.

Chair's comments

Rt Hon. Mel Stride MP, Chair of the Treasury Committee, said: “Online platforms are hugely important and increasingly popular for the services they offer. But there has been a huge rise in online crime and, as a Committee, we want to gain a clearer understanding of what is needed to ensure tech platforms are safe spaces for people to operate and not fall victim to scams or fraud.

“Notwithstanding the efforts already being made by tech platforms such as Google, eBay, Facebook and Amazon, I am keen that they spell out in more detail what they are doing to protect their users from online fraud and advertising scams and how they are tackling issues such as the online promotion of tax avoidance schemes.”

Image: Parliamentary copyright