Germany May Fine Facebook $522,000 For Any ‘Fake News’ Story
Germany is now contemplating charging social media websites up to 500,000 euros, or $522,000, for every “fake news” story left up on the site for over 24 hours.
“If after the relevant checks Facebook does not immediately, within 24 hours, delete the offending post then [it] must reckon with severe penalties of up to 500,000 euros,” Thomas Oppermann, parliamentary chief of the Germany’s Social Democrat Party told Der Spiegel recently.
The legislation, expected to be introduced next year, would also call for Facebook to give money to individuals negatively affected by a fake news story. – READ MORE