By Foo Yun Chee
BRUSSELS (Reuters) -Meta, Alphabet unit Google, Twitter and Microsoft agreed on Thursday to take a tougher line against disinformation under an updated EU code of practice that could hit them with hefty fines if they fail to do so.
The signatories agree to do more to tackle deep fakes, fake accounts and political advertising, while non-compliance can lead to fines as much as 6% of a company’s global turnover, the EU executive said, confirming a Reuters report last week.
The companies, which include TikTok and Amazon‘s live streaming e-sports platform Twitch, have six months to comply with their pledges and will have to present a progress report at the beginning of 2023.
“If there is consistent flouting of the rules, we can also think about stopping their access to our space of information,” he told the news conference.
“The Review does not offer concrete commitments to limit ‘impermissible manipulative behavior’. Commitments go no further than a blanket statement to follow the law which is obvious and does not require a Code,” it said.
(Reporting by Foo Yun CheeEditing by Mark Potter)