BRUSSELS (Reuters) – Tech giants such as Facebook and Google will have to decisively step up their efforts to tackle the spread of fake news online in six months or potentially face further regulation from the European Union.
The European Commission will draw up an EU-wide Code of Practice on Disinformation by July with measures to prevent the spread of fake news such as increasing scrutiny of advertisement placements, it said on Thursday.
EU - Policymakers - Spread - News - Elections
EU policymakers are particularly worried that the spread of fake news could interfere with European elections next year, after Facebook disclosed that Russia tried to influence U.S. voters through the social network in the run-up to the 2016 U.S. election. Moscow denies such claims.
“These (online) platforms have so far failed to act proportionately, falling short of the challenge posed by disinformation and the manipulative use of platforms’ infrastructure,” the Commission wrote in its strategy for tackling fake news published on Thursday.
Commission - Platforms - Efforts - Disinformation - Self-regulation
“The Commission calls upon platforms to decisively step up their efforts to tackle online disinformation. It considers that self-regulation can contribute to these efforts, provided it is effectively implemented and monitored.”
Advertisers and online platforms should produce “measurable effects” on the code of practice by October, failing which the Commission could propose further actions, including regulation.
Companies - Efforts - Accounts - Place - Measures
Companies will have to intensify efforts to close fake accounts and put in place measures to reduce revenues for purveyors of disinformation and restrict targeting options for political advertising.
The revelations that political consultancy Cambridge Analytica – which worked...
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