The German Justice Ministry has introduced a draft law that would impose fines of up to €50 million on social media companies that fail to remove hate speech and other illegal content from their platforms quickly.

The fines would be imposed whenever social media companies do not remove online threats, hate speech, or slanderous fake news. Any obviously illegal content would have to be deleted within 24 hours; reported material that is later determined to be illegal would have to be removed within seven days.