Facebook could face $520,000 fines for each fake news post

By Around the Web

(Quartz) Earlier this week, Facebook said that it would be partnering with fact-checking sites like Snopes to help weed out the fake news that has been plaguing the site in recent years. But it seems that Germany is not confident that self-regulation will be enough.

The chairman of Germany’s Social Democratic Party, Thomas Oppermann, has suggested a new law that would require companies like Facebook to set up an office in the country that would deal with fake news and hate speech at all hours of the day. According to English-language version of the German news site Deutsche Welle, German legislators are considering whether to institute a policy that if Facebook’s local office did not delete the news item or hate speech within 24 hours, the social network could expect a fine of €500,000 euros ($522,575) per item.

Leave a Comment