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EU agrees on internet rulebook for Google, Facebook, other tech giants - SABC News - Breaking news, special reports, world, business, sport coverage of all South African current events. Africa's news leader.

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European Union (EU) countries and EU lawmakers on Saturday clinched a deal on new rules requiring tech giants to do more to police illegal content on their platforms and to pay a fee to regulators monitoring their compliance.

The agreement came after more than 16 hours of negotiations. The Digital Services Act is the second prong of EU antitrust chief Margrethe Vestager’s strategy to rein in Alphabet unit Google, Meta and other United States tech giants.

Under the DSA, the companies face fines up to 6% of their global turnover for violating the rules while repeated breaches could see them banned from doing business in the EU.

 

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