EU agrees on internet rulebook for Google, Facebook, other tech giants


EU agrees on internet rulebook for Google Facebook other tech giants

European Union international locations and EU lawmakers on Saturday clinched a deal on new guidelines requiring tech giants to do extra to police unlawful content material on their platforms and to pay a payment to regulators monitoring their compliance.

The settlement got here after greater than 16 hours of negotiations. The Digital Services Act (DSA) is the second prong of EU antitrust chief Margrethe Vestager’s technique to rein in Alphabet unit Google, Meta and different US tech giants.

“We’ve got a deal on the DSA: The Digital Companies Act will guarantee that what is prohibited offline can also be seen and handled as unlawful on-line – not as a slogan, as actuality,” Vestager mentioned in a tweet.

Underneath the DSA, the businesses face fines as much as 6% of their world turnover for violating the principles whereas repeated breaches may see them banned from doing enterprise within the EU.

The brand new guidelines ban focused promoting aimed toward kids or primarily based on delicate knowledge similar to faith, gender, race and political beliefs. Darkish patterns, that are ways that mislead individuals into giving private knowledge to corporations on-line, may even be prohibited.

The businesses additionally face a yearly payment as much as 0.05% of worldwide annual income to cowl the prices of monitoring their compliance.

The 27-country bloc and lawmakers final month backed Vestager’s landmark guidelines known as the Digital Markets Act (DMA) that would power Google, Amazon, Apple, Meta and Microsoft to alter their core enterprise practices in Europe.

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