The law will make platforms including TikTok, Facebook, Snapchat, Reddit, X and Instagram liable for fines of up to 50 million Australian dollars ($33 million) for systemic failures to prevent children younger than 16 from holding accounts.
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I don’t think it’ll actually happen but I would laugh if the social media companies decide this isn’t worth the effort for the size of the user base in Australia and decide to just pull out of Australia. Then we can see how many people decide to learn about VPNs and how many decide to get more involved in politics because they can’t watch TikTok.