New Digital Platform Commission: Oversight of Algorithms and User Protection.
This Act establishes a new Federal Digital Platform Commission to regulate the largest technology companies, protecting citizens from harmful practices, disinformation, and privacy violations. The Commission will set rules for algorithmic transparency, competition, and online safety for minors, ensuring powerful platforms operate in the public interest.
Key points
Protection against harmful algorithms: Mandatory transparency and fairness requirements for recommendation systems and algorithms used by major digital platforms.
Child and minor safety: Requirement to establish an Age-Appropriate Design Code and age verification standards to enhance online safety.
Increased competition and data mobility: Setting standards for data portability and interoperability, making it easier for users to switch services.
High penalties for violations: Ability to impose financial penalties on platforms, potentially reaching up to 15% of their total global annual revenue for knowing violations.
Status:
Expired
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