Twitter and Facebook have to Comply with Consumer Law This Year
Facebook and Twitter have more than three months to comply with European legislation on consumer law. Brussels wants the social media to have their affairs in order this year.
In February, the European Union warned the companies that they still do not comply with European rules to protect consumers. According to Brussels, that is still not the case seven months later.
To comply with European consumer legislation, online platforms, such as Facebook and Twitter, must ensure that their user conditions are written down. They must also respond within a few days to complaints from the European market authorities.
“If we see no progress, sanctions will follow,” said European Commissioner Vera Jourova (Justice and Consumer Rights) on Thursday at a press conference. “It’s clear, and we can not keep on negotiating forever, we have to see results.”
In a statement, Facebook announces that the company has adjusted its user conditions in May, taking into account most of the European requirements. Twitter has not responded yet.
The European Union also tapped Airbnb. Under pressure from Europe, the online platform promised to be more transparent on Thursday about the costs of letting a house.