European agreement reached on stricter rules for large internet companies,
The EU member states, the European Commission and the European Parliament agreed in the night from Friday to Saturday on final, stricter legislation that should limit the power of large internet companies such as Google and Meta and better protect consumers.
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The so-called Digital Services Act (DSA) regulates, among other things, the removal of illegal messages and disinformation, requires transparency about the operation of algorithms and prohibits the collection of information from users about health, sexual orientation or political preference.
“We have a deal. The DSA will ensure that what is illegal offline is also seen and treated as illegal online – not as a slogan, but as reality,” the European Commissioner responsible for competition, Margrethe Vestager, said on Twitter.
The agreement followed negotiations that lasted more than sixteen hours.
European agreement reached on stricter rules for large internet companies
Violation of the law can lead to a fine that can amount to up to 6 percent of the companies’ worldwide turnover.
Repeated violations can also lead to them no longer being allowed to do business within the EU.
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