Meta Set to Face EU Finding it Failed to Police Illegal Posts

Core Viewpoint - Meta Platforms Inc. is facing potential fines from the European Union for not adequately moderating illegal content on its platforms, Facebook and Instagram, as per the EU's Digital Services Act [1][3]. Group 1: Regulatory Actions - The European Commission is preparing to issue preliminary findings indicating that Meta's platforms lack an adequate "notice and action mechanism" for users to report illegal posts [2]. - A charge sheet against Meta is expected in the coming weeks, following an investigation that began in April 2024 [3]. - If the findings are confirmed, Meta could face fines of up to 6% of its annual global sales [3]. Group 2: Compliance Requirements - Under the EU's Digital Services Act, platforms with over 45 million monthly active users in the EU must implement robust measures to combat illegal or harmful content [5]. - Meta is currently under investigation for issues related to illegal content, disinformation, and the protection of minors [5]. Group 3: Industry Context - Other major platforms, including X (formerly Twitter), TikTok, and e-commerce sites like Temu and AliExpress, are also facing proceedings under the Digital Services Act [5]. - The EU's regulations on large tech platforms have become a point of contention in its relations with the US, with accusations of unfair targeting of American companies [6].