EU to force Big Tech to police internet or face large fines – report

The EU will require

The EU will require “very large” tech companies such as Facebook and Amazon to take greater responsibility for policing the internet or face fines of up to six percent of their turnover, the Financial Times reported on Thursday.

FT cited a draft regulation, which is to be published next week, saying that such companies will have to check third-party suppliers (like the vendors who sell products on Amazon), and to share data with authorities and researchers on how they moderate illegal content. 

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