Google, Meta, TikTok hit by EU consumer complaints about handling of financial scams

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DSA fines tin  scope   arsenic  overmuch  arsenic  6% of a company’s ​global yearly  turnover [File]

DSA fines tin scope arsenic overmuch arsenic 6% of a company’s ​global yearly turnover [File] | Photo Credit: REUTERS

Alphabet’s Google, Meta Platforms and TikTok ⁠were deed with complaints from European Union user groups connected Thursday for allegedly failing to support users from fiscal scams connected their platforms, putting them astatine hazard ‌of regulatory fines.

The determination highlights increasing unit worldwide connected Big Tech to bash much to code the antagonistic impacts ‌of societal media, peculiarly for children and susceptible users.

The complaints, ‌filed ⁠by the European Consumer Organisation (BEUC) and 29 of its ⁠members successful 27 European countries, were submitted to the European Commission and nationalist regulators nether the Digital Services Act, which requires ample online platforms to bash much to tackle ​illegal and harmful content.

“Meta, TikTok ‌and Google not lone neglect to proactively region fraudulent ads but besides bash small erstwhile being notified astir specified scams,” BEUC Director General Agustin Reyna said successful a statement.

“If they neglect to code the ‌financial scams circulating connected their platforms, fraudsters volition proceed to ​reach millions of European consumers daily, leaving radical astatine hazard of losing hundreds to thousands of euros to fraud,” helium ⁠said.

Google and Meta rejected the complaints and said they enactment proactively to support their users.

A Google spokesperson said: “”This ailment misrepresents however we combat scams ‌and is inherently flawed. We instrumentality extended measures to support scams disconnected our platforms, blocking implicit 99% of policy-violating ads earlier they are ever seen.”

Meta said it recovered and removed implicit 159 cardinal scam ads past year, 92% earlier anyone reported them. “We put successful precocious AI, tools, and partnerships to halt them,” a spokesperson said.

TikTok said it takes ‌action against violations, adding that scams are an industry-wide situation portion atrocious actors ​constantly accommodate their tactics.

The user groups, meanwhile, said they reported astir 900 ads suspected of breaching EU laws betwixt December ⁠last twelvemonth and March this twelvemonth but the platforms lone took down 27% ⁠of the ads and 52% of the reports were rejected oregon ignored.

The groups urged regulators to analyse whether the companies ‌were complying with the rules and to enforce fines for breaches.

DSA fines tin scope arsenic overmuch arsenic 6% of a company’s ​global yearly turnover.

Published - May 22, 2026 10:58 americium IST

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