Bloomberg Quint: EU’s Proposed Regulations for Social Media Are Toothless

Bloomberg Quint: EU’s Proposed Regulations for Social Media Are Toothless. “The European Union intends to tighten the standards regulating the digital economy. Even as internet companies change their terms of service to comply with privacy regulations that take effect next month, the European Commission published the draft of new rules governing the interaction of online platforms such as Amazon, Apple and Google with the businesses that sell through them. The proposed regulations, which aim to increase transparency and fairness, are overdue but far from sufficient.”