Regulation of the big tech companies: MEPs agree and have decided on their position on the Digital Services Act.
The EU Parliament recently decided on the Digital Service Acts (DSA). This new digital law, also referred to by some as the “Platform Basic Law”, is intended to limit the market power of tech giants such as Meta, Google, Amazon, Twitter and Co. As the time reported, the deputies in Strasbourg approved the project with a clear majority.
Rules for dealing with illegal or harmful content
Among other things, the law provides for new regulations against illegal products, services and content on the Internet. On the one hand, it should be easier to report them and remove them accordingly. At the same time, however, they want to preserve freedom of expression and ensure the possibility of contesting content that has been removed by mistake. In a first step, this should be made possible by platforms setting clearer rules against hate speech and fake news, among other things.
To this end, the major platforms such as Facebook and Co. are obliged to disclose how their algorithms work. This also means that users should be able to have more influence on which advertisements are displayed on them in the future. The bigger the platform, it seems at the moment, the stricter the rules. These should also apply, in a weakened form, to smaller online companies.
Digital Package for the EU: The Digital Markets Acts and the Digital Services Act
The EU states have been deliberating for a long time to what extent the market power of the large tech companies can and must be regulated. The Digital Markets Act (DMA) was passed for this purpose at the end of last year. This is intended to prevent anti-competitive behavior by large online companies.
The Digital Services Act is not quite through yet. First there are talks between Parliament, the Council and the Commission. It is hoped that the Digital Service Act will come into force in 2023. From then on, companies that do not comply with the new regulations face heavy fines. on the official website of the EU you can find out more about the law and download the draft.
Source: OnlineMarketing.de by onlinemarketing.de.
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