Platform Accountability and Transparency Act

The Platform Accountability and Transparency Act creates a structured process for researchers to access certain platform data for research while protecting user privacy. Platforms with at least 50 million US monthly users must provide specific data to qualified researchers (affiliated with US universities or nonprofits) whose projects are approved by the National Science Foundation and Federal Trade Commission. The bill requires platforms to publicly disclose information about advertising, algorithms, content moderation, and highly disseminated content, while establishing strict privacy and cybersecurity safeguards for the data. It also creates legal protections for platforms and researchers who comply with the law's requirements, ensuring researchers cannot be sued for accessing data through this process.