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EU Gives Facebook and Twitter Final Warning
On top of all that, it is now also in the EU regulator’s crosshairs.
Mariya Gabriel, the EU's top official in charge of the digital economy and society: "The situation is not sustainable: in more than 28% of cases, it takes more than one week for online platforms to take down illegal content."
The EU’s antitrust regulator, Ms. Margrete Vestager, is not someone to be taken lightly.
Just this year, she handed a 14 billion dollar fine to Apple and a 3 billion dollar one to Google. Just yesterday, European truck maker Scania was ordered to pay a 1 billion dollar fine for irregularities.
Any European fine is always based on the turnover of the company being fined, which in Facebook’s case could be quite massive.
https://thegoldwater.com/news/8831-EU-Gives-Facebook-Twitter-Final-Warning
On top of all that, it is now also in the EU regulator’s crosshairs.
Mariya Gabriel, the EU's top official in charge of the digital economy and society: "The situation is not sustainable: in more than 28% of cases, it takes more than one week for online platforms to take down illegal content."
The EU’s antitrust regulator, Ms. Margrete Vestager, is not someone to be taken lightly.
Just this year, she handed a 14 billion dollar fine to Apple and a 3 billion dollar one to Google. Just yesterday, European truck maker Scania was ordered to pay a 1 billion dollar fine for irregularities.
Any European fine is always based on the turnover of the company being fined, which in Facebook’s case could be quite massive.
https://thegoldwater.com/news/8831-EU-Gives-Facebook-Twitter-Final-Warning