fines

The Federal Trade Commission (FTC) has made it illegal to buy or sell fake reviews in return for payment. The new rule also outlaws lying about who wrote a review and includes several other measures designed to make reviews more trustworthy. The ... "Trade Regulation Rule on the Use of Consumer Reviews and Testimonials" was approved unanimously by the FTC and, once formally published, will take effect after 60 days. It follows a consultation and review spanning nearly two years. Threats Outlawed The rule is wide-ranging, banning the following actions based on creating, buying or selling a fake ... (view more)

A proposed law would dramatically increase maximum fines that can be imposed on companies that break monopoly rules. Tech firms would be among the most likely to be affected in the admittedly unlikely event the law was enacted. The proposed bill ... would be known as the Monopolization Deterrence Act of 2019. It's designed to change the current system by which the maximum penalty for violating the main US antitrust law, the Sherman Act, is $10 million. That applies regardless of the size of the company or companies involved. Critics say such penalties are little deterrent to major companies, ... (view more)

Social media sites could face fines of almost $60 million if they don't remove hate speech and other illegal posts within 24 hours of receiving a report. The new German law has prompted Facebook to recruit hundreds of staff. It's the result of the ... Netzwerkdurchsetzungsgesetz law, which is known as NetzDG for short, and literally translates as Network Enforcement Act. (Source: BBC.com ) Libel And Hate Speech Both Covered The law doesn't change what content is allowed and not allowed. Instead, it says that sites must remove any content that is "obviously illegal." A prime example is ... (view more)