Online giants respond to Treasury Committee on fraud, scams and economic crime
29 October 2021
The Treasury Committee publishes responses from Google, Facebook, Amazon and eBay on fraud, scams and economic crime.
- Amazon UK response to Chair of the Treasury Committee
- Facebook Inc. response to Chair of the Treasury Committee
- Google UK response to Chair of the Treasury Committee
- eBay UK response to Chair of the Treasury Committee
- Inquiry: Economic crime
- Treasury Committee
The letters are in response to a request by the Chair of the Treasury Committee, Rt. Hon. Mel Stride MP, for the online companies to provide further information on the policies they have put in place to combat economic crime, prevent fraud and protect consumers.
Commenting on the responses, Rt. Hon. Mel Stride MP, Chair of the Treasury Committee, said:
“Last month, following an evidence session in Parliament, I asked Google, Facebook, Amazon and eBay for further details on how they are protecting their users from falling victim to economic crime.
“With cases of fraud rising rapidly, it’s clear that further action is needed to protect consumers online. As a Committee, we’re calling for online technology companies to stop taking advertising pounds from these fraudsters – and to act to better protect their users as a matter of urgency.
“We’re also proposing that the Government includes fraudulent advertisements within the scope of the Online Safety Bill.
“If these actions are not taken, then many thousands more innocent consumers will fall victim to these criminals.”