EU commission for justice to meet Meta and Twitter in Dublin amid layoff concerns

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Justice chief warns that large fines are possible if tech giants do not comply with new rules via IrishTimesBiz

Mr Reynders told The Irish Times he was struck by “some decisions to fire people engaged in discussion with the commission”.

The DSA entered into force on November 16th. Along with anti-monopoly regulation the Digital Markets Act , the DSA has imposed wide-ranging content-moderation requirements, advertising restrictions, transparency and reporting obligations across the EU. “We want to be sure that after such a sequence of different decisions to fire the employees, it’s still possible to have competent people, and enough competent people, in those companies to be fully compliant with the regulations,” Mr Reynders said.“If it’s not, of course, you know, that we have some possible means to act,” he warned. “Now there are in the DSA very huge possible fines.”

“It’s too early to say that there is a real problem, but it is logical that we have some concerns, because of the size of the decisions taken – certainly in Twitter, but also in Meta and maybe others,” Mr Reynders said.

Source: Law Daily Report (lawdailyreport.net)

 

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