This chapter was originally published by Lexology
in
In-Depth: Investment Treaty Arbitration.
The information and communication (IC) industry is at the
forefront of global demand and innovation. By its nature, the IC
sector underpins the functionality of our global economy and
impacts our daily lives. The power and influence of multinational
IC companies has skyrocketed over the past few decades, as
individuals and businesses around the world depend on the internet
to conduct business, communicate and gather data. The capacity of
the IC industry to both enhance and threaten individual and
national security rights is becoming increasingly apparent. While
it offers new ways of connecting markets and accessing information,
it also creates vulnerabilities for surveillance, data breaches and
the spread of misinformation. In turn, this can attract new,
stricter forms of government regulation.