“EU Launches Investigation into Meta’s Impact on Children’s Mental Health as Concerns Mount”

The European Union investigates Meta’s impact on children’s mental well-being as concerns grow about negative effects. Potential fines of up to 6% of Meta’s revenue could be imposed, amounting to $135 billion last year. Regulators have reached agreements to cooperate with American counterparts. The company faces accusations of violating a law on Digital Services and targeting vulnerable users. Stricter content controls and age verification will be thoroughly studied during the investigation.