Germany’s Justice Minister has put forward a new draft law calling for social networks to remove slanderous or threatening online postings quickly or face fines of up to 50 million euros ($53.15 million). This announcement comes as no surprise as there have been calls from various quarters for stricter regulation, and some commentators in Germany have already said that it is not strict enough.
What will be interesting, is to see whether the UK and other countries introduces similar measures. All modern democracies are facing the same problems, with fake news influencing elections or hate speech inciting people or groups, and the view here is that there is a general need for this kind of regulation.
Social media platforms will now need to invest considerable time and resource in the development and implementation of proper standards and procedures, such as deletion of clear infringements within 24 hours and easy complaint management.
We’ll be following the development of this story closely and please do get in contact if you want to know more about how it could impact your business.