The European Commission cast its net over to the United States—and, more specifically, to Silicon Valley—when on April 25 it named 19 companies that will face additional, stricter requirements under the European Union's (EU's) Digital Services Act (DSA).
As a whole, the DSA, which passed in November 2022, targets providers offering network infrastructure to European users, including internet access providers, app stores, and social media platforms. But last month, the European Commission singled out 19 platforms that will fall into the "very large online platforms" (VLOPs) bucket, which are organizations that reach more than 45 million users in Europe. Among the well-known names on the list are Amazon Store, Bing, Facebook, Instagram, LinkedIn, Twitter, and YouTube.
Continue Reading for Free
Register and gain access to:
- Thought leadership on regulatory changes, economic trends, corporate success stories, and tactical solutions for treasurers, CFOs, risk managers, controllers, and other finance professionals
- Informative weekly newsletter featuring news, analysis, real-world cas studies, and other critical content
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical coverage of the employee benefits and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
*May exclude premium content
Already have an account?
Sign In Now
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
Cassandre Coyer
Washington D.C.-based legal technology reporter, covering new things happening around data privacy and cybersecurity law, e-discovery and emerging technologies.
