The platforms have four months to comply with the rules or face penalties of up to 6pc of its global revenue.
ChatGPT, Roblox and Reddit will be governed under the EU Digital Services Act’s (DSA) most stringent rules that aim to mitigate risks that large platforms might pose to the safety of the bloc’s users.
The EU brands online services with more than 45m EU-based users as very large online platforms (VLOPs) or very large online search engines (VLOSEs). Once labelled as such, these platforms are required to follow specific rules that mitigate harm to its EU users, including around illegal content, ad transparency, health and safety.
These rules include creating user-friendly terms and conditions, establishing a point of contact for authorities and users, and the reporting of criminal offences. VLOPs and VLOSEs are also required to identify and assess systemic risks that could be linked to their services.
Designated platforms that don’t comply with these rules can face penalties of up to 6pc of their global annual turnover.
