Germany Gets Really Serious About Fake News on Facebook

  • Pre-election threat of $53 million penalty also targets hate
  • Germany steps up pressure on social networks before 2017 vote
Photographer: Chris Ratcliffe/Bloomberg
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Germany pushed ahead with legislation that threatens social networks such as Facebook Inc. with fines of as much as 50 million euros ($53 million) if they fail to give users the option to complain about hate speech and fake news or refuse to remove illegal content.

Chancellor Angela Merkel’s cabinet on Wednesday backed a bill that would also force the companies to purge content flagged as child pornography or inciting terrorism -- two categories added to the original draft. Corporate officials responsible would risk separate fines of as much as 5 million euros. If passed by parliament, the measures would be the toughest regulation Facebook faces in any country where it operates.