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Germany Considers Fining Facebook $522,000 Per Fake News Item

LNM Radio Network

Germany Considers Fining Facebook $522,000 Per Fake News Item
The government of Germany is considering imposing a legal regime that would allow fining social networks such as Facebook up to 500,000 euros ($522,000) for each day the platform leaves a “fake news” story up without deleting it.

In the name of combating harms from false news, the German government next year will consider the bill, which has bipartisan support, that will allow both official and private complainants to flag content that is considered “fake news”.

The law would also force the social networks to create in-country offices focused on responding to take down demands and would make these networks responsible for compensation if a post by individual users were found to slander someone.
http://heatst.com/tech/germany-considers-fining-facebook-522000-per-fake-news-item/