Meta Platforms Regulatory Developments

Investments
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  • The EU Commission has open a formal proceeding to assess whether Meta has breached the DSA in areas related to child safety.

    “The Commission is concerned that the systems of both Facebook and Instagram, including their algorithms, may stimulate behavioural addictions in children, as well as create so-called ‘rabbit-hole effects’. In addition, the Commission is also concerned about age-assurance and verification methods put in place by Meta,” the Commission said in a statement.

  • The commission said they decided to open the probe based on an analysis of a risk assessment report sent by Meta in September 2023.

  • Infringement of the DSA rules could attract a penalty of up to 6% of the company’s annual global turnover.

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