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Australia to double potential fines for social media platforms over child accounts

Created at 29 Jun · 3:05 AM2 sources↑ Market-relevant2 events
IN SHORT

Australia plans to double potential fines for social media platforms that fail to prevent underage children from holding accounts. The maximum fine will increase to A$99 million ($68 million), and the eSafety Commissioner will gain enhanced powers to pursue tech giants.

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Key Numbers

A$99 millionmaximum fine for platforms
$68.2 millionequivalent US dollar fine
7 in 10children remaining on restricted platforms

Who's Involved

Anthony Albanese
Australia's Prime Minister
Anika Wells
Australia's Communications Minister
eSafety Commissioner
Australia's internet regulator
Meta
social media platform operator
Google
social media platform operator
Snapchat
social media platform operator
TikTok
social media platform operator
YouTube
social media platform operator

↳ Why This Matters

The move aims to bolster protections for minors online and holds social media companies more accountable for enforcing age restrictions, a policy being closely watched by other countries.

Key facts

  • Australia plans to double potential fines for social media platforms failing to prevent underage children from holding accounts.
  • The maximum fine will increase to A$99 million ($68.2 million).
  • The eSafety Commissioner's powers to demand information and documents will be increased.
  • The legislation aims to address platforms' alleged resistance to age restrictions for users under 16.
  • Seven in 10 children remained on restricted platforms as of March, according to eSafety.

Australia is set to double potential fines for social media platforms that fail to prevent underage children from holding accounts. Communications Minister Anika Wells announced that draft legislation will be introduced to increase the maximum fine to A$99 million ($68.2 million).

Prime Minister Anthony Albanese stated that social media companies were not doing enough to comply with the law, and that new legislation would be introduced to strengthen the under-16 social media ban and give the eSafety Commissioner more power to pursue tech giants.

The proposed amendments will also grant the eSafety Commissioner enhanced powers to demand information and documents from platforms, including company board minutes and internal emails, to ensure compliance with Australian law. This includes the ability to obtain information from third parties to investigate how children are circumventing the ban.

Despite the ban, eSafety reported in March that seven out of ten children who had accounts on restricted platforms remained active. The government is calling on the conservative coalition opposition to back the bill, noting the original policy passed with bipartisan support.

Frequently asked questions

Australia plans to double the maximum fine for platforms that fail to prevent Australian children from holding accounts, increasing it to A$99 million ($68.2 million).

The government states that platforms have shown resistance to enforcing age restrictions for users under 16, leading to the need for tougher laws and increased penalties.

The eSafety Commissioner's powers will be increased to demand information and documents from platforms, including company board minutes and internal emails, to ensure compliance with Australian law.

eSafety reported in March that seven in 10 children who held accounts on restricted platforms remained on those platforms, indicating challenges in enforcement.

What Happens Next

01Legislation to be introduced into Parliament.
02Parliament to consider the proposed reforms.

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Cadence

How It Developed

Australia plans to double potential fines for social media platforms failing to prevent underage children from holding accounts.
New legislation will be introduced to strengthen the under-16 social media ban and give the eSafety Commissioner more power to pursue tech giants.
The maximum fine will increase to A$99 million ($68.2 million) from A$49.5 million.
The eSafety Commissioner will be given power to compel documents such as company board minutes and internal emails.
Prime Minister Anthony Albanese stated that social media companies were not doing enough to comply with the law.

Sources

T1
Australia to double potential fines for Facebook and Instagram over child social media accountsAP News
T1
Australia to give regulator more power to pursue Big Tech over under-16 banReuters

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