Tech Giants Supported EU’s Initiative to Fight Fakes

Big tech companies like Google, Microsoft, TikTok and Twitter supported the European Commission’s initiative to fight disinformation on the Internet.

The new rules contain 44 obligations for companies to prevent the spread of fake news and propaganda on their platforms.

For example, tech giants have to create searchable libraries of political ads, demonetize fake news websites to prevent them from getting ad revenue, reduce the number of bots and fake accounts, provide users with access to “authoritative sources” of information, and add the “flagging” fake posts or news.

The document has already been signed by 34 companies, including, in addition to those listed above, Adobe, Twitch, Vimeo, Seznam, Reporters without Borders (RSF), Meta and others.

Companies will also have to provide data on their work to all EU member states.

Vera Yurova, European Commission Vice President for Values ​​and Transparency, said the rules take into account “lessons learned from the COVID-19 crisis and Russia’s aggressive war in Ukraine.”

“This new anti-disinformation Code comes at a time when Russia is weaponising disinformation as part of its military aggression against Ukraine, but also when we see attacks on democracy more broadly.  We now have very significant commitments to reduce the impact of disinformation online and much more robust tools to measure how these are implemented across the EU in all countries and in all its languages,” she added.

European Commissioner for the Internal Market Thierry Breton noted that, unlike the previous version of the document, the new rules are binding and will be applied in accordance with the new EU Digital Services Act (DSA).

According to him, companies that violate the Code can be fined up to 6% of their global turnover.

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