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European Commission Investigates Snapchat Over Child Safety Compliance
The EU accuses Snapchat and four adult sites of inadequate age verification and safety measures, risking fines up to 6% of global turnover under the Digital Services Act.
- On Thursday, the European Commission opened a formal investigation into Snapchat under the Digital Services Act, citing concerns that the platform fails to adequately protect minors from grooming, illegal product sales, and other harmful content.
- Regulators suspect Snapchat's age assurance system is "insufficient" because the platform relies on user self-disclosure to verify users are over 13, failing to prevent younger children from accessing it or encountering grooming attempts and illegal product information.
- The investigation targets five areas including default account settings, grooming prevention, and reporting tools. Non-compliance could result in fines up to 6% of global turnover for the platform, which serves around 97 million monthly active users in the EU.
- Snapchat said it has "fully cooperated" with the Commission to meet "high safety standards." The probe joins broader EU enforcement against Pornhub, Stripchat, XNXX, and XVideos over child protection failures.
- The Commission will scrutinize whether Snapchat's tools effectively prevent minors from accessing harmful content. Snapchat may propose policy changes to address concerns and avoid enforcement actions under the Digital Services Act.
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Stock Market Today, March 26: Snap Tumbles on EU Child Safety Probe
Snap (NYSE:SNAP), social media and advertising platform, closed Thursday at $4.01, down 10.69%. The stock fell after the European Commission opened a formal Digital Services Act investigation into Snapchat’s child safety practices. Investors are watching potential regulatory penalties and compliance costs.Trading volume reached 104.1 million shares, coming in about 120% above its three-month average of 47.4 million shares. Snap IPO'd in 2017 and…
·Alexandria, United States
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The EU Commission has launched an investigation against the social network Snapchat for shortcomings in the protection of minors.
·Germany
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Coverage Details
Total News Sources85
Leaning Left10Leaning Right13Center21Last UpdatedBias Distribution48% Center
Bias Distribution
- 48% of the sources are Center
48% Center
L 23%
C 48%
R 29%
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