European watchdogs want fines against Twitter and Facebook for breaking EU rules
For the European Consumer Organisation (BEUC), this shows that the EU Commission needs to take urgent action in its upcoming legislative package dedicated to updating consumer law.
It should make sure that all companies that do not respect EU law face serious and deterrent sanctions, including fines that are calculated on the basis of the company’s annual worldwide turnover, on the geographical scope and the gravity of the infringement.
Monique Goyens, Director General of the European Consumer Organisation (BEUC), said: “We welcome that the authorities are looking into the terms and conditions of these companies.
“This reflects challenges made by consumer groups in France and Germany about these terms . It is worrying that the companies have not addressed all the problems identified by the authorities.
“What this shows is that there is a need for real sanction powers when a company does not respect EU law. The incentive for companies to comply with the law is rather low.
“These fines should not be symbolic but a real deterrent, going up to a percentage of the company’s annual worldwide turnover.” ■