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EU sets brand-new online rules for Google, Meta, other tech giants

EU sets new online rules for Google, Meta, other tech giants

BRUSSELS: Alphabet unit Google, Meta and other large online platforms will need to do more to take on unlawful content or threat large fines under new web rules agreed in between European Union countries and EU lawmakers on Saturday.
The arrangement came after more than 16 hours of negotiations. The
Digital Solutions Act (DSA) is the 2nd prong of EU antitrust chief Margrethe Vestager’s method to control Alphabet system Google, Meta and other United States tech giants.
Last month, she recovered from the 27-country bloc and lawmakers for landmark guidelines called the Digital Markets Act (DMA) that could force Google, Amazon, Apple, Meta and Microsoft to change their core service practices in Europe.
“We have an offer on the DSA: The Digital Solutions Act will ensure that what is unlawful offline is likewise seen and dealt with as illegal online – not as a motto, as reality,” Vestager said in a tweet.
EU lawmaker Dita Charanzova, who had called for such guidelines 8 years earlier, welcomed the contract.
“Google, Meta and other big online platforms will need to act to much better safeguard their users. Europe has made clear that they can not serve as independent digital islands,” she stated in a statement.
In a statement, Google said: “As the law is finalised and executed, the details will matter. We eagerly anticipate dealing with policymakers to get the remaining technical details right to make sure the law works for everyone.”
Under the DSA, the companies face fines as much as 6% of their global turnover for breaking the rules while repeated breaches could see them banned from doing service in the EU.
The new guidelines ban targeted marketing targeted at kids or based on sensitive information such as religion, gender, race and political opinions. Dark patterns, which are methods that misguide people into giving individual data to companies online, will also be prohibited.
Large online platforms and online search engines will be needed to take particular procedures throughout a crisis. The move was activated by Russia’s intrusion of Ukraine and the related disinformation.
The companies could be forced to turn over information connected to their algorithms to regulators and researchers.
The companies likewise deal with a yearly charge as much as 0.05% of around the world yearly revenue to cover the costs of monitoring their compliance.
EU legislator Martin Schirdewan criticised the exemption given to medium-sized business.
“Under pressure from the conservatives, an exception rule for medium-sized business was integrated, this is an error. Due to the large number of companies that fall under this definition in the digital sector, the exception resembles a loophole,” he stated.
The DSA will be implemented in 2024.

Released at Sat, 23 Apr 2022 02:36:57 +0000

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