The Fort Worth Press - EU eyes deal to tame internet 'Wild West'

USD -
AED 3.672995
AFN 69.589165
ALL 89.778781
AMD 387.539503
ANG 1.804786
AOA 926.336006
ARS 959.250249
AUD 1.489915
AWG 1.8025
AZN 1.698512
BAM 1.765959
BBD 2.021941
BDT 119.674944
BGN 1.766205
BHD 0.376885
BIF 2901.760722
BMD 1
BND 1.300767
BOB 6.92009
BRL 5.634944
BSD 1.001354
BTN 84.013544
BWP 13.325508
BYN 3.277201
BYR 19600
BZD 2.01851
CAD 1.35795
CDF 2887.498357
CHF 0.84781
CLF 0.033679
CLP 929.319695
CNY 7.093698
CNH 7.09775
COP 4200.44
CRC 518.374718
CUC 1
CUP 26.5
CVE 99.562077
CZK 22.6723
DJF 178.320542
DKK 6.729203
DOP 60.036117
DZD 132.340406
EGP 48.345969
ERN 15
ETB 117.32921
EUR 0.90185
FJD 2.215902
FKP 0.761559
GBP 0.76115
GEL 2.701218
GGP 0.761559
GHS 15.692099
GIP 0.761559
GMD 70.50184
GNF 8655.530474
GTQ 7.746275
GYD 209.507901
HKD 7.798165
HNL 24.82167
HRK 6.799011
HTG 132.081264
HUF 356.509933
IDR 15400
ILS 3.708895
IMP 0.761559
INR 83.88505
IQD 1311.873589
IRR 42092.491204
ISK 137.349633
JEP 0.761559
JMD 157.327314
JOD 0.708699
JPY 140.707502
KES 129.179957
KGS 84.549796
KHR 4062.302483
KMF 445.224953
KPW 899.999433
KRW 1330.520164
KWD 0.30526
KYD 0.834492
KZT 480.55079
LAK 22144.469526
LBP 89675.30474
LKR 301.697517
LRD 200.27991
LSL 17.809481
LTL 2.95274
LVL 0.60489
LYD 4.779233
MAD 9.766321
MDL 17.484424
MGA 4544.469526
MKD 55.638826
MMK 3247.960992
MNT 3397.999955
MOP 8.043612
MRU 39.607223
MUR 45.949793
MVR 15.350094
MWK 1736.433409
MXN 19.16433
MYR 4.301496
MZN 63.87501
NAD 17.809481
NGN 1648.310343
NIO 36.848758
NOK 10.6241
NPR 134.42167
NZD 1.622705
OMR 0.384903
PAB 1.001445
PEN 3.776253
PGK 3.971106
PHP 56.00973
PKR 278.564334
PLN 3.86085
PYG 7775.1693
QAR 3.650835
RON 4.486805
RSD 105.695029
RUB 90.624225
RWF 1359.367946
SAR 3.753199
SBD 8.36952
SCR 13.49526
SDG 601.499526
SEK 10.214045
SGD 1.297335
SHP 0.761559
SLE 22.847303
SLL 20969.494858
SOS 572.27991
SRD 29.479773
STD 20697.981008
SVC 8.762077
SYP 2512.529936
SZL 17.81219
THB 33.211096
TJS 10.654898
TMT 3.51
TND 3.040451
TOP 2.354799
TRY 33.99166
TTD 6.790068
TWD 31.952977
TZS 2733.904999
UAH 41.422393
UGX 3720.090293
UYU 41.10158
UZS 12759.367946
VEF 3622552.534434
VES 35.826824
VND 24545
VUV 118.722009
WST 2.797463
XAF 592.28623
XAG 0.03236
XAU 0.000387
XCD 2.70255
XDR 0.742212
XOF 592.28623
XPF 107.683973
YER 250.300226
ZAR 17.733703
ZMK 9001.19594
ZMW 26.311512
ZWL 321.999592
  • NGG

    0.3300

    69.6

    +0.47%

  • BCC

    8.3800

    135.86

    +6.17%

  • VOD

    0.1400

    10.17

    +1.38%

  • RBGPF

    62.1600

    62.16

    +100%

  • GSK

    -0.1000

    43.01

    -0.23%

  • SCS

    0.3800

    13.79

    +2.76%

  • RYCEF

    -0.0300

    6.53

    -0.46%

  • CMSC

    -0.1150

    25.11

    -0.46%

  • RIO

    0.6400

    62.55

    +1.02%

  • CMSD

    -0.0900

    25.1

    -0.36%

  • BCE

    0.1400

    35.4

    +0.4%

  • RELX

    -0.2800

    47.71

    -0.59%

  • BTI

    0.2300

    39.17

    +0.59%

  • AZN

    -0.6900

    78.27

    -0.88%

  • JRI

    0.1135

    13.19

    +0.86%

  • BP

    0.2600

    31.84

    +0.82%

EU eyes deal to tame internet 'Wild West'
EU eyes deal to tame internet 'Wild West' / Photo: © AFP/File

EU eyes deal to tame internet 'Wild West'

The European Union on Friday homed in on new regulation to require Big Tech to remove harmful online content, the bloc's latest move to rein in the world's online giants.

Text size:

The Digital Services Act (DSA) -- the second part of a massive project to regulate tech companies -- aims to ensure tougher consequences for platforms and websites that violate a long list of banned content ranging from hate speech to disinformation and paedophilia images.

EU officials and parliament members started talks in Brussels to hammer out the deal, hoping to reach an agreement later in the day on legislation in the works since 2020.

The text is the companion to the Digital Markets Act (DMA), which targeted anti-competitive practices among tech behemoths like Google and Facebook and was concluded in late March.

The legislation has faced lobbying from the tech companies and intense debate over the extent of freedom of speech.

"What's forbidden offline must be forbidden online," tweeted EU internal markets commissioner Thierry Breton, who has previously described the internet as the "Wild West".

Tech giants have been repeatedly called out for failing to police their platforms -- a New Zealand terrorist attack that was livestreamed on Facebook in 2019 caused global outrage, and the chaotic insurrection in the US last year was promoted online.

The dark side of the internet also includes e-commerce platforms filled with counterfeit or defective products.

- Clinton praise -

The proposed regulation would require platforms to swiftly remove illegal content as soon as they are aware of its existence. Social networks would have to suspend users who frequently breach the law.

The DSA would force e-commerce sites to verify the identity of suppliers before proposing their products.

While much of the DSA's stipulations cover all companies, it lays out special obligations for "very large platforms", defined as those with more than 45 million active users in the European Union.

The list of companies has not yet been released but will include giants such as Google, Apple, Facebook, Amazon, Microsoft, as well as Twitter and probably the likes of TikTok, Zalando and Booking.com.

These players will be obliged to assess the risks associated with the use of their services and remove illegal content.

They will also be required to be more transparent about their data and algorithms.

The European Commission will oversee yearly audits and be able to impose fines of up to six percent of their annual sales for repeated infringements.

Among the practices expected to be outlawed is the use of data on religion or political views for targeted advertising.

Hillary Clinton, the former US secretary of state and presidential candidate, applauded the EU for taking action.

"For too long, tech platforms have amplified disinformation and extremism with no accountability. The EU is poised to do something about it," Clinton tweeted on Thursday.

"I urge our transatlantic allies to push the Digital Services Act across the finish line and bolster global democracy before it's too late."

Former Facebook employee Frances Haugen caused a huge stir last year when she accused her former bosses of prioritising profits over the welfare of its users.

She hailed in November the "enormous potential" of the European regulation project, which could become a "reference" for other countries, including the United States.

However, the European Consumer Organisation (BEUC) fears the text does not go far enough.

It wants a ban on all advertising based on the surveillance of internet users and random checks on online vendors' products.

J.M.Ellis--TFWP