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France to fine tech giants up to 4% of global revenue for illicit content

reuters.com

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Re: France to fine tech giants up to 4% of global revenue for illicit content

#2
"A new French law compels internet giants to remove pedophile and terrorism-related content within an hour or face a fine of up to 4% of global revenue."

Can France even do this? It seems crazy. The 1-hour requirement also seems unreasonable. So if Facebook is caught not removing illicit content within the hour 25 times, they will owe their entire global revenue to France?

Re: France to fine tech giants up to 4% of global revenue for illicit content

#3
post #2

"A new French law compels internet giants to remove pedophile and terrorism-related content within an hour or face a fine of up to 4% of global revenue." Can France even do this? It seems crazy. The 1-hour requirement also seems unreasonable. So if Facebook is caught not removing illicit content within the hour 25 times, they will owe their entire global revenue to France?

It's 1 hour from when the content is reported, which does not sound so unreasonable.

Of course, fines are UP to 4% of revenue, so it's gradual from just a slap on the wrist to 4% of revenue if they really take the piss.