Nineteen so-called large online platforms are required to meet the new legal requirements by the end of August. Said requirements are meant to curb the spread of hateful and illegal content on platforms like Twitter, TikTok, Facebook, Instagram, Youtube, and Snapchat. Additionally, every platform with over 45 million users will be required to provide the Commission with an initial detailed assessment of their main risks to users. Fines for not meeting the new requirements can reach up to six percent of the company’s global sales.
“Stress tests” on TikTok are scheduled for next week, informed Breton. It will show whether the company is capable of following the new rules. A similar test was conducted by Twitter, and Meta will be subject to one later this month. “Platforms will have to "demonstrate to us [the European Union-ed] that they have taken steps to enforce the law,” said Breton.
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