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RE: LeoThread 2024-10-02 02:26

in LeoFinance2 months ago

What's at Stake

The EU's efforts to regulate algorithmic content recommendation are aimed at preventing the spread of harmful content, protecting users' mental health, and promoting a healthy online environment. The bloc's online governance framework contains tough penalties for violations, including fines of up to 6% of global annual turnover.

The stakes are high for the three social media platforms, which have been given until November 15 to provide the requested information. Failure to comply with the EU's requests could result in formal investigations, fines, and reputational damage.