In the wake of California’s data privacy legislation and the recently-enacted General Data Protection Regulation in the European Union, the question is no longer if governments will regulate giant tech platforms, but when and how. Around the world, there is concern that complex and conflicting policies from regional and national governments on similar issues ranging from data flows to IP threaten to undermine innovation and create unintended economic consequences for businesses. Recognizing that regulation is on the horizon, tech firms are proactively self-regulating as well. How can the private and public sectors work together to advance innovation, while protecting individual liberties and national security?