Germany started enforcing on Monday a controversial hate speech law that carries hefty fines for social media companies that fail to quickly remove objectionable content.

The three-month grace period fora law passed in June ended Monday, officially granting internet companies like Facebook, Twitter and YouTube-parent Google just a 24-hour window to remove offending posts.

The law carries fines of up to $60 million if companies fail to remove posts that are “obviously illegal” in that 24 hours. (It grants a week to consider more ambiguous cases.)

The Network Enforcement Act, colloquially referred to as the “Facebook law,” also includes defamatory posts and incitements of violence.

Source: Tech CNBC
Social media companies could face huge fines from German hate speech law