Misinformation Crackdown: Australia’s Bold Move Against Social Media Giants
Thursday, 12 September 2024, 15:31
Misinformation Fine Initiative
In a significant policy shift, Australia announced plans to impose hefty fines on social media companies failing to curb misinformation. This initiative targets big tech firms, mandating them to ensure accurate information flows on their platforms.
Details of the Misinformation Policy
- Fines reach up to 5% of global revenue
- Focus on accountability for content shared
- Alignment with global standards against misinformation
This decisive step underscores the growing concern over misinformation's impact on society, particularly during critical events such as elections or national emergencies.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.