Stock Market News

New body to handle disputes between EU users and Facebook, TikTok, YouTube

2024.10.08 02:36

By Supantha Mukherjee

STOCKHOLM (Reuters) – An independent body, supported by Meta Platforms (NASDAQ:)’ Oversight Board, has a certification from the media regulator in Ireland to resolve appeals against policy violation decisions of social media companies in the European Union.

Formed as a certified out-of-court dispute settlement body under the EU Digital Services Act (DSA), Appeals Centre Europe will initially decide cases relating to Facebook, ByteDance’s TikTok and Alphabet (NASDAQ:)’s YouTube, and will include more social media platforms over time.

With a team of experts, the body will apply human review to every case within 90 days, and decide whether platforms’ decisions are consistent with their content policies, it said in a statement.

Dublin-based Appeals Centre, which has an one-time grant from the Oversight Board, will be funded through fees charged to social media companies for each case. Users who raise a dispute will pay a nominal fee, which will be refunded if decision is in their favour.

However, under the rules of DSA, providers of online platforms may refuse to engage with such dispute settlement body and it shall not have the power to impose a binding settlement of the dispute on the parties.

The former director of the Oversight Board, Thomas Hughes, is taking on a new role as the inaugural CEO of the Appeals Centre.

© Reuters. FILE PHOTO: Facebook and TikTok apps are seen on a smartphone in this illustration taken February 27, 2022. REUTERS/Dado Ruvic/Illustration/File Photo

“We want users to have the choice to raise a dispute to a body that is independent from governments and companies, and focused on ensuring platforms’ content policies are fairly and impartially applied,” Hughes said.

The Appeals Centre will have a board of seven non-executive directors and will start receiving disputes from users before the end of the year.



Source link

Related Articles

Back to top button
bitcoin
Bitcoin (BTC) $ 98,338.35 0.19%
ethereum
Ethereum (ETH) $ 3,388.32 1.17%
tether
Tether (USDT) $ 1.00 0.04%
solana
Solana (SOL) $ 252.78 1.50%
bnb
BNB (BNB) $ 659.10 1.52%
xrp
XRP (XRP) $ 1.46 0.69%
dogecoin
Dogecoin (DOGE) $ 0.425612 3.17%
usd-coin
USDC (USDC) $ 1.00 0.01%
cardano
Cardano (ADA) $ 1.04 2.57%
staked-ether
Lido Staked Ether (STETH) $ 3,386.07 1.25%
tron
TRON (TRX) $ 0.208964 3.49%
avalanche-2
Avalanche (AVAX) $ 43.09 1.39%
stellar
Stellar (XLM) $ 0.515671 10.44%
the-open-network
Toncoin (TON) $ 6.11 5.53%
shiba-inu
Shiba Inu (SHIB) $ 0.000026 4.61%
wrapped-steth
Wrapped stETH (WSTETH) $ 4,012.60 1.05%
wrapped-bitcoin
Wrapped Bitcoin (WBTC) $ 97,996.26 0.41%
polkadot
Polkadot (DOT) $ 9.16 1.69%
chainlink
Chainlink (LINK) $ 18.03 1.04%
bitcoin-cash
Bitcoin Cash (BCH) $ 511.05 0.76%
weth
WETH (WETH) $ 3,386.45 1.32%
sui
Sui (SUI) $ 3.43 1.71%
pepe
Pepe (PEPE) $ 0.00002 3.58%
near
NEAR Protocol (NEAR) $ 6.90 2.58%
leo-token
LEO Token (LEO) $ 8.68 0.15%
litecoin
Litecoin (LTC) $ 96.59 5.40%
uniswap
Uniswap (UNI) $ 11.20 0.17%
aptos
Aptos (APT) $ 12.34 4.75%
wrapped-eeth
Wrapped eETH (WEETH) $ 3,567.68 1.18%
internet-computer
Internet Computer (ICP) $ 11.61 0.70%
hedera-hashgraph
Hedera (HBAR) $ 0.143216 5.53%
usds
USDS (USDS) $ 1.00 0.00%
crypto-com-chain
Cronos (CRO) $ 0.189075 5.13%
polygon-ecosystem-token
POL (ex-MATIC) (POL) $ 0.561732 2.97%
ethereum-classic
Ethereum Classic (ETC) $ 28.89 4.80%
render-token
Render (RENDER) $ 7.92 1.14%
bittensor
Bittensor (TAO) $ 527.33 2.98%
ethena-usde
Ethena USDe (USDE) $ 1.00 0.05%
fetch-ai
Artificial Superintelligence Alliance (FET) $ 1.48 3.83%
kaspa
Kaspa (KAS) $ 0.152321 1.65%
bonk
Bonk (BONK) $ 0.000047 1.37%
whitebit
WhiteBIT Coin (WBT) $ 24.45 1.23%
dai
Dai (DAI) $ 1.00 0.04%
arbitrum
Arbitrum (ARB) $ 0.847671 4.04%
vechain
VeChain (VET) $ 0.04255 1.40%
cosmos
Cosmos Hub (ATOM) $ 8.61 4.61%
okb
OKB (OKB) $ 55.83 2.99%
filecoin
Filecoin (FIL) $ 5.54 6.24%
blockstack
Stacks (STX) $ 2.22 4.11%
mantra-dao
MANTRA (OM) $ 3.69 3.04%