What was proposed by the EU?
In December 2020, the EU Commission (antitrust) proposed an act. The act works alongside the EU’s Digital Markets Act (DMA) . It is defined as a “set of common rules on intermediaries’ obligations and accountability across the single market”.
Why EU in the news?
On Saturday the European Parliament and European Union (EU) Member States announced that they had reached a political agreement on the Digital Services Act.
DSA
DSA stands for Digital Services Act. It has the potential to protect consumers from misinformation and it can force large companies like Facebook to handle harmful content.
It will strictly regulate the web. It will be adopted in the next few months and will apply fifteen months later. The DSA will apply to online services with more than 45 million monthly active users. If someone is found to breach the rules the penalty could be as high as 6% of the company’s total turnover.
New rules
Some of the rules proposed are :
- Platforms will have to add new procedures for faster removal of content deemed to be illegal.
2. Marketplaces will have to impose a duty of care on sellers.
3. Digital platforms would have to carry out analysis of risk and risk reduction.
4. It proposes to ban Dark Patterns or misleading interfaces.
5. It will provide more robust protection to minors.
6. There would be much transparency on digital platforms.
7. Cancellation of subscriptions would be made easy.
Published by NIKITA GOSWAMI