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Subject

New online regulations.

Significance

Technology and social media companies face hefty fines and tougher disclosure rules under new privacy laws being enacted later this year that aim to improve safety online and tighten safeguards of personal information.

Impacts

Existing privacy laws are inadequate, but reform could lead to over-regulation.

Data breaches are eroding consumer confidence in web-based businesses.

The conflicting agendas of security agencies and libertarians will hinder efforts to protect free speech.

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