Question

In: Economics

The internet and online social media in particular are giving people unprecedented ability to express their...

The internet and online social media in particular are giving people unprecedented ability to
express their views and share information with others. On the other hand the truth of what
people say online and the sheer volume of information are hard for most people to handle. In
Germany the government has introduced the Net Enforcement Law which prohibits certain
kinds of online speech (e.g. incitement to hatred). Social media firms have 24 hours to check
and remove suspect posts reported by users or face huge fines. Use the theories of market
failure and government intervention to explain the reasons for Germany’s new law. Critically
discuss potential problems with this intervention.

Solutions

Expert Solution

In Germany The New Law ; known as Network Enforcement Act (NetzDG) in 2017, the most advanced regulating law in Germany, as it is discussed in some articles, requires large social media companies to remove illegal content from the site, certain kinds of online speech & 24 hours to check & remove suspect posts reported by users or face huge fines. Germany highlights just one dimension of rising global concern over social media, Do regulating social media In the struggle to deal with the explosion of abusive & hateful content on social media sites,,Germany is staking out one of the most aggressive & far reaching positions of any country in the world, written decades before the internet existed, in line with modern realities to curb the rampant prolific ation of abusive content. Gercent many highlights global concern over social media content . Govt & citizens are worried about hate speech, fake news, invasions of privacy, and in recent news consulting firms Donald Trumps presidential campaign harvested the data o 50 million Facebook users, Germany's new law & other countries around the world do in regulating social media. NetDG one of the most fundamental tensions facing societies in the digital age, NetzDG has provoked a strong backlash in Germany,the law lead to over censorship because of the Combination of hefty fines & the short time windows for the companies to respond complaints. Many organizations dedicated to human rights & media freedom have opposed the law, said ; the law outsource decisions about freedom of expression to private companies. with the NetDG law Germany has undermined free speech at home & set a troubling example for other countries that want to block social criticism, or independent journalism online , further, Facebook,YouTube users challenge a decision to block or remove content.


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