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Stock impact report

Germany's CDU weighs social media age curbs for under-16s [Yahoo! Finance Canada]

Meta Platforms, Inc. - Class A (META) 
Since Australia became the first country to ban ?the use of social media platforms by children last year, a growing number of countries in Europe have taken similar steps ?on concerns over the perceived negative effects of social media use on young people. The head of the CDU's influential labour wing, Dennis Radtke, said the "dynamic developments in social media" were outstripping media literacy. "In many places, social media is a collection of hate and fake news. I, therefore, welcome the idea of following Australia's example and introducing ?an age limit," he told Reuters. CDU TO ?DISCUSS SOCIAL MEDIA MINIMUM AGE AT PARTY CONFERENCE Bild newspaper said the local CDU party from the northern state of Schleswig-Holstein had filed a motion to be discussed at ?the party's upcoming national conference on February 20-21. The CDU is the largest party in Germany's coalition government that also includes the centre-left SPD. "A statutory minimum age of 16 for open platforms, accom Show less Read more
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