EU reaches agreement to tighten regulation of technology companies

This is the latest move by the European Union to control the growing influence of the EU technology company big.

DSA is the second part of a large project aimed at ensuring strong handling of online platform violate the regulations on posting content such as allowing the appearance of prohibited content, pedophile images, hate speech or fake news…

Announced on Twitter, European Commission (EC) President Ursula von der Leyen said: “Today’s DSA agreement is historic. Our new regulation will protect users online. , securing business opportunities. What is illegal in real life will also be illegal in cyberspace in the EU.”

For his part, European Commissioner for the Internal Market Thierry Breton said: “With the DSA, the days when the major internet platforms behave like they’re ‘too big to care about’ is coming to an end. An important milestone is coming to an end. important to EU citizens”.

Europe controls the growing influence of big tech companies. (Photo: Cryptooof)

The bill would require technology platforms to quickly remove illegal content as soon as it exists and block users who frequently break the law, as well as force e-commerce sites to verify home identities. offer before selling its products. This act places special obligations on platforms with more than 45 million active users in the EU.

The list of companies has not been released but will include big names like Google, Apple, Facebook, Amazon and Microsoft, as well as Twitter and possibly TikTok, Zalando and Booking.com.

Companies will have to assess the risks associated with using their services and remove illegal content. They will also be required to be transparent about data and algorithms.

The EC will oversee annual audits and may impose fines of up to 6% of the violator’s annual revenue. Among the practices that are considered illegal is the use of data with religious or political views for targeted advertising purposes.

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