The EU acknowledged tech companies have taken steps to be more transparent but said 'there is more work to be done.'
In a statement to CNBC, a Twitter spokesperson detailed the company's efforts to tackle platform manipulation and said it discloses data relating to issues such as legal requests and rules enforcement in bi-annual transparency reports.
A spokesperson for Facebook said the company is committed to working together with "government, industry, news publishers, and our community." "We appreciate the Commission's extensive report, and share the same commitment to reduce the spread of online misinformation," the statement said. Still tech companies could soon face stricter regulations in the EU related to disinformation and illegal content online. European Commission President-elect Ursula von der Leyena new Digital Services Act within her first 100 days in office, which would upgrade "liability and safety rules for digital platforms, services and products."
Proposals from the European Commission, the EU's executive arm, then need approval by the different European governments and the European Parliament, a process that can be long and complex.
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