The Japan Times - EU nears deal on massive tech services regulation

EUR -
AED 3.769571
AFN 78.736979
ALL 100.13672
AMD 416.842832
ANG 1.878757
AOA 467.985549
ARS 1090.772752
AUD 1.669096
AWG 1.849876
AZN 1.748358
BAM 1.964958
BBD 2.10481
BDT 127.122496
BGN 1.936989
BHD 0.393032
BIF 3085.681829
BMD 1.026283
BND 1.414694
BOB 7.203575
BRL 5.995539
BSD 1.042459
BTN 90.251647
BWP 14.519674
BYN 3.4115
BYR 20115.153247
BZD 2.09396
CAD 1.508539
CDF 2927.986274
CHF 0.938983
CLF 0.037253
CLP 1027.931008
CNY 7.375691
CNH 7.548017
COP 4329.880825
CRC 525.8509
CUC 1.026283
CUP 27.196508
CVE 110.781333
CZK 25.19972
DJF 185.635214
DKK 7.4615
DOP 64.400158
DZD 140.841438
EGP 52.045887
ERN 15.39425
ETB 133.533878
FJD 2.384005
FKP 0.845234
GBP 0.834153
GEL 2.935357
GGP 0.845234
GHS 15.949337
GIP 0.845234
GMD 74.407972
GNF 9010.998705
GTQ 8.063583
GYD 218.09651
HKD 8.000299
HNL 26.555772
HRK 7.573507
HTG 136.35553
HUF 409.163739
IDR 16785.120416
ILS 3.698422
IMP 0.845234
INR 88.836624
IQD 1365.564661
IRR 43206.527901
ISK 145.280721
JEP 0.845234
JMD 164.406269
JOD 0.727842
JPY 159.625016
KES 134.476773
KGS 89.748526
KHR 4194.550072
KMF 485.27817
KPW 923.65511
KRW 1496.095333
KWD 0.316588
KYD 0.868749
KZT 540.177675
LAK 22679.706185
LBP 93351.093287
LKR 310.657923
LRD 207.446874
LSL 19.45799
LTL 3.030348
LVL 0.620788
LYD 5.117853
MAD 10.46387
MDL 19.462712
MGA 4847.593796
MKD 61.818124
MMK 3333.328219
MNT 3487.310862
MOP 8.367901
MRU 41.760639
MUR 47.876372
MVR 15.815301
MWK 1807.625027
MXN 21.716237
MYR 4.572061
MZN 65.589802
NAD 19.45799
NGN 1542.503956
NIO 38.358784
NOK 11.747152
NPR 144.403038
NZD 1.84095
OMR 0.395103
PAB 1.042459
PEN 3.877975
PGK 4.244784
PHP 59.9565
PKR 290.764302
PLN 4.225126
PYG 8222.322823
QAR 3.799911
RON 4.91252
RSD 117.678479
RUB 102.282554
RWF 1479.69661
SAR 3.849284
SBD 8.675881
SCR 14.931594
SDG 616.796557
SEK 11.516469
SGD 1.403817
SHP 0.845234
SLE 23.476244
SLL 21520.648185
SOS 595.776813
SRD 36.022035
STD 21241.992851
SVC 9.121514
SYP 13343.735828
SZL 19.445633
THB 34.92438
TJS 11.399129
TMT 3.602254
TND 3.329518
TOP 2.403658
TRY 36.855897
TTD 7.070957
TWD 33.810902
TZS 2658.18936
UAH 43.47503
UGX 3837.88773
USD 1.026283
UYU 45.110251
UZS 13526.042543
VES 59.904774
VND 25739.18589
VUV 121.842418
WST 2.874442
XAF 659.028618
XAG 0.032957
XAU 0.000367
XCD 2.773582
XDR 0.796914
XOF 659.028618
XPF 119.331742
YER 255.416252
ZAR 19.454417
ZMK 9237.776937
ZMW 29.162923
ZWL 330.462813
  • CMSC

    -0.2100

    23.47

    -0.89%

  • RELX

    -0.4600

    49.89

    -0.92%

  • NGG

    -0.3400

    61.4

    -0.55%

  • RBGPF

    67.2700

    67.27

    +100%

  • GSK

    -0.0900

    35.27

    -0.26%

  • RIO

    -0.5000

    60.41

    -0.83%

  • BP

    -0.5500

    31.06

    -1.77%

  • AZN

    -0.4800

    70.76

    -0.68%

  • SCS

    -0.1600

    11.48

    -1.39%

  • CMSD

    -0.3800

    23.84

    -1.59%

  • BTI

    -0.0400

    39.64

    -0.1%

  • BCC

    -2.5000

    126.16

    -1.98%

  • VOD

    -0.0700

    8.54

    -0.82%

  • BCE

    -0.1100

    23.79

    -0.46%

  • RYCEF

    -0.0600

    7.43

    -0.81%

  • JRI

    -0.0400

    12.53

    -0.32%

EU nears deal on massive tech services regulation
EU nears deal on massive tech services regulation / Photo: JUSTIN TALLIS - AFP/File

EU nears deal on massive tech services regulation

The European Union could agree on Friday a new regulation imposing unprecedented curbs on online content, the second part of its massive project to regulate tech companies.

Text size:

The Digital Services Act (DSA) aims to ensure tougher consequences for platforms and websites that violate a long list of banned content.

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.

A European source told AFP that MEPs and EU countries were "very motivated" to get the new regulation agreed on Friday.

The DSA aims to tackle hate speech, disinformation, the selling of dangerous products and other abusive online behaviour, such as the dissemination of so-called revenge porn.

"What is allowed in everyday life will be allowed on the internet, but everything that is prohibited will be as well," EU internal markets commissioner Thierry Breton said earlier this year, describing 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.

- 'Missed opportunity' -

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.

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.

"If we don't make online market places check who is selling and what they are selling, then it could be a missed opportunity," said Claudio Teixeira, a lawyer with BEUC.

T.Shimizu--JT