European Union countries and EU lawmakers on Saturday struck a deal on new rules requiring tech giants to do more to police illegal content on their platforms and pay a fee to regulators who monitor their compliance.
The deal came after more than 16 hours of negotiations. The Digital Services Act (DSA) is the second point in EU antitrust chief Margrethe Vestager’s strategy to control the GOOGL.O unit of Alphabet, Google, Meta FB.O and other US tech giants.
“We have an agreement on the DSA: The Digital Services Act will ensure that what is illegal offline is also seen and treated as illegal online – not as a slogan, but as a reality,” Vestager said in a tweet.
Under the DSA, companies face fines of up to 6% of their global turnover for breaking the rules, while repeated breaches can prevent them from doing business in the EU.
The new rules prohibit advertising directed at children or based on sensitive data such as religion, gender, race and political opinions. Patterns, which are tactics, that trick people into providing personal data to online companies, will also be banned.
Companies also pay an annual fee of up to 0.05% of annual worldwide revenue to cover the costs of monitoring their compliance.
The 27-country bloc and lawmakers last month backed Vestager’s landmark rules, called the Digital Markets Act (DMA), which could force Google, Amazon, Apple, Meta and Microsoft to change their core business practices in Europe. Read full story
Source: CNN Brasil
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