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Meta and TikTok object to the European Union’s content rules

  • February 8, 2024
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Social media giants Meta and TikTok, of the European Union They are preparing to complain about the huge bill they will have to pay after the new arrangement.

Social media giants Meta and TikTok, of the European Union They are preparing to complain about the huge bill they will have to pay after the new arrangement. Digital Services Act According to the regulation (Digital Services Act), companies must pay certain amounts to the EU every year. Meta and TikTok, on the other hand, think the entire bill is being passed on to them.

The European Union has made it possible for social media platforms to exist with its new regulations and new decisions safer, more controlled aims to ensure that this happens. In addition, with these changes they want to ensure that children are safe on the internet and to prevent information pollution and the spread of incorrect information.

Debate about payment of bills between giants

To achieve these goals, The EU’s own control system must be installed. Annually for such a large audit network 45 million euros Such a large amount of money is needed. To cover this amount, the European Union splits the bill by billing companies based on the profits they make. However, companies with small volumes or losses are not required to make such a payment. In addition, companies more than 5 percent of their annual profit cannot be requested.

Meta And TikTok They object to the calculation method. Companies like X, Amazon and Snapchat are not required to pay because they declare losses at the end of the year. Other companies think they have to pay for them too. For example, the amount that Meta must pay 11 million euros That was announced. Meta and TikTok separately request the court to reschedule the amounts of the payments to be made in the agreement.

Spokesperson for the European Commission Johannes Bahrke He stated that they are confident in the methods they used in the calculations and that they will not take a step back. The Commission is currently focusing more on investigating X’s recent activities. Let’s see how these concerns will play out.

Source: Web Tekno

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