Social Media: What does Meta's multibillion-euro deal mean for Europe?
The EU is considered a pioneer in regulating tech groups. But Meta is doing the authorities a favour in the USA when it comes to protecting young people. What does this mean for the EU?
Meta, the US tech giant, has agreed to pay up to $18 billion over 10 years and make significant changes to its social media platforms as part of a settlement with 48 US states. The settlement, which still needs to be approved by a judge, relates to allegations that Meta's platforms, including Facebook and Instagram, are designed to be addictive and pose risks to young users.
The deal requires Meta to implement measures such as a two-hour daily time limit for users under 18 and a nighttime access ban. The European Parliament is calling for the EU to take a tougher stance on social media operators, with some MEPs arguing that the EU should not be deterred by US President Donald Trump from imposing stricter regulations.
Written by urgent.news from Handelsblatt's report — not a translation of it. Machine-written — may contain errors; check the original before relying on it.
