The Australian Financial Review reported February 12 that Australian Communications Minister and Member of Parliament Michelle Rowland is waging a “crusade” to address a “litany of recent issues” she claimed are afflicting X. These comments come as she pushes her "proposed mis- and disinformation laws” that will impose standards on what speech will be permitted online.
The laws will enable the Australian government to impose hefty fines on social media companies that violate standards set by the Australian Communications and Media Authority. “[I]f X refuses to cooperate with an ACMA inquiry or comply with a code of conduct registered under the act, it could face fines of up to $3 million or 2 per cent of annual turnover,” The Australian Financial Review explained. “If it fails to comply with the ACMA standards, the penalty could be the greater of $7.8 million or 5 per cent of the platform’s annual turnover.”
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