Zürcher Nachrichten - EU agrees deal to tame internet 'Wild West'

EUR -
AED 4.268335
AFN 73.221319
ALL 95.995822
AMD 435.377378
ANG 2.0801
AOA 1065.775351
ARS 1645.160368
AUD 1.642686
AWG 2.09494
AZN 1.975549
BAM 1.956114
BBD 2.328974
BDT 141.422701
BGN 1.914963
BHD 0.438701
BIF 3434.762603
BMD 1.162242
BND 1.480699
BOB 8.019287
BRL 6.049697
BSD 1.156391
BTN 106.669958
BWP 15.71459
BYN 3.379943
BYR 22779.934575
BZD 2.325573
CAD 1.578737
CDF 2510.44169
CHF 0.903591
CLF 0.026942
CLP 1063.823364
CNY 8.032363
CNH 8.001632
COP 4374.409916
CRC 550.490732
CUC 1.162242
CUP 30.799401
CVE 110.282702
CZK 24.359438
DJF 205.913939
DKK 7.470743
DOP 69.061383
DZD 152.855691
EGP 61.354848
ERN 17.433623
ETB 177.577468
FJD 2.562917
FKP 0.867634
GBP 0.864999
GEL 3.172683
GGP 0.867634
GHS 12.465001
GIP 0.867634
GMD 84.843804
GNF 10136.67072
GTQ 8.869576
GYD 241.918832
HKD 9.094017
HNL 30.607045
HRK 7.534234
HTG 151.49171
HUF 387.561655
IDR 19620.962015
ILS 3.590658
IMP 0.867634
INR 107.013159
IQD 1514.849677
IRR 1535204.877032
ISK 145.106082
JEP 0.867634
JMD 181.149078
JOD 0.824067
JPY 183.15532
KES 150.103752
KGS 101.638377
KHR 4640.66505
KMF 493.952675
KPW 1046.051654
KRW 1709.634418
KWD 0.357563
KYD 0.963659
KZT 575.824907
LAK 24770.976172
LBP 103549.821546
LKR 360.137808
LRD 211.040231
LSL 19.388012
LTL 3.431797
LVL 0.703028
LYD 7.385217
MAD 10.859243
MDL 20.039217
MGA 4802.791593
MKD 61.635083
MMK 2440.635948
MNT 4168.12319
MOP 9.309294
MRU 46.163609
MUR 53.405163
MVR 17.95628
MWK 2005.130484
MXN 20.519102
MYR 4.564699
MZN 74.279251
NAD 19.388012
NGN 1622.768117
NIO 42.557014
NOK 11.151545
NPR 170.67013
NZD 1.964891
OMR 0.446894
PAB 1.156386
PEN 4.025846
PGK 4.982821
PHP 68.792842
PKR 325.105184
PLN 4.252989
PYG 7441.194441
QAR 4.217149
RON 5.096895
RSD 117.439871
RUB 90.945831
RWF 1690.571366
SAR 4.363313
SBD 9.350445
SCR 16.671951
SDG 697.936729
SEK 10.628338
SGD 1.480423
SHP 0.871982
SLE 28.504002
SLL 24371.623637
SOS 659.705894
SRD 43.77813
STD 24056.053735
STN 24.504039
SVC 10.117668
SYP 128.493777
SZL 19.401198
THB 36.892447
TJS 11.083813
TMT 4.067845
TND 3.401104
TOP 2.798399
TRY 51.228511
TTD 7.846259
TWD 36.940104
TZS 3010.205727
UAH 50.818476
UGX 4353.698844
USD 1.162242
UYU 46.258818
UZS 14097.262856
VES 502.815511
VND 30497.218534
VUV 139.229241
WST 3.178155
XAF 656.062309
XAG 0.013061
XAU 0.000225
XCD 3.141016
XCG 2.084043
XDR 0.815934
XOF 656.065132
XPF 119.331742
YER 277.314768
ZAR 18.97568
ZMK 10461.571777
ZMW 22.347587
ZWL 374.241308
  • RBGPF

    0.1000

    82.5

    +0.12%

  • CMSD

    -0.0400

    23.16

    -0.17%

  • AZN

    0.7300

    194.95

    +0.37%

  • NGG

    0.5500

    90.41

    +0.61%

  • CMSC

    0.0350

    23.22

    +0.15%

  • GSK

    1.0000

    55.51

    +1.8%

  • RELX

    0.0000

    35.68

    0%

  • RIO

    0.1400

    90.35

    +0.15%

  • BCC

    -0.8600

    74.49

    -1.15%

  • JRI

    0.0100

    12.58

    +0.08%

  • BCE

    -0.1800

    25.88

    -0.7%

  • BTI

    0.4600

    58.33

    +0.79%

  • RYCEF

    -0.0600

    16.9

    -0.36%

  • VOD

    -0.0300

    14.48

    -0.21%

  • BP

    0.2100

    40.65

    +0.52%

EU agrees deal to tame internet 'Wild West'
EU agrees deal to tame internet 'Wild West' / Photo: JUSTIN TALLIS - AFP/File

EU agrees deal to tame internet 'Wild West'

The European Union early Saturday finalised new legislation to require Big Tech to remove harmful 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 host a long list of banned content ranging from hate speech to disinformation and child sexual abuse images.

EU officials and parliamentarians finally reached agreement at talks in Brussels early Saturday on the legislation, which has been in the works since 2020.

"Yes, we have a deal!," European Commissioner for the Internal Market Thierry Breton tweeted.

"With the DSA, the time of big online platforms behaving like they are 'too big to care' is coming to an end. A major milestone for EU citizens," said Breton, who has previously described the internet as the "Wild West".

"Today's agreement on DSA is historic," European Commission chief Ursula von der Leyen tweeted.

"Our new rules will protect users online, ensure freedom of expression and opportunities for businesses. What is illegal offline will effectively be illegal online in the EU."

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

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

Tech giants have been repeatedly called out for failing to police their platforms -- a New Zealand terrorist attack that was live-streamed 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.

- Obligations for large platforms -

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

While many 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 and 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.

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

F.Schneider--NZN