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The Economic Times
The Economic Times
Technology

Australia threatens hefty fines if big tech fails 'duty of care'

Social media giants face US$78 million fines if they fail to protect young users from harmful content, Australia's prime minister said Tuesday as he unveiled draft laws reining in big tech.

Prime Minister Anthony Albanese released draft laws that would place a "duty of care" on the firms behind popular platforms such as Facebook, TikTok and Instagram.

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