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EU takes further legislative action against Meta by mid-2025?
4
European Union•Meta Platforms•Facebook•Instagram•European Parliament•Kremlin•EU•Digital Services Act•Meta
Resolution / Starting Odds
Yes • 50%
No • 50%
EU parliamentary records and official press releases
Story
EU Probes Meta's Facebook, Instagram for Election Disinformation; Stock Falls 0.7%
Apr 30, 2024, 11:30 AM
The European Union has initiated investigations into Meta Platforms, specifically targeting Facebook and Instagram, over concerns of insufficient regulation of content that could influence the upcoming European Parliament elections. The probes focus on the platforms' handling of deceptive advertising and political disinformation, particularly highlighting the spread of pro-Kremlin campaigns. These investigations are part of a broader effort by the EU to enforce its Digital Services Act (DSA), aiming to curb online disinformation and ensure election integrity. Meta's stock has decreased by 0.7% in pre-market trading following the announcement.
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Similar markets
Investigation concludes with regulatory action • 50%
Investigation concludes without regulatory action • 50%
Policy overhaul • 25%
Minor policy adjustments • 25%
Dispute findings • 25%
Settlement with EU • 25%
No action taken • 25%
Meta fined • 25%
Meta halts AI data use • 25%
Meta changes AI data use policy • 25%
Further actions taken • 50%
No further actions • 50%