The EU is demanding that American tech giants crack down on hate speech

The EU is demanding that American tech giants crack down on hate speech:
"The EU has given American tech giants a stark ultimatum: Crack down on hate speech, or we'll make you.
Facebook, Twitter, Google's YouTube and Microsoft must act faster to tackle online hate speech or they will face laws forcing them to do so, the European Commission said on Sunday.
The European Union (EU) executive's warning comes six months after the companies signed up to a voluntary code of conduct to take action in Europe within 24 hours, following rising concerns triggered by the refugee crisis and terror attacks.
This included removing or disabling access to the content if necessary, better cooperation with civil society organizations and the promotion of "counter-narratives" to hate speech.
..."In practice the companies take longer and do not yet achieve this goal. They only reviewed 40 percent of the recorded cases in less than 24 hours," a Commission official said.
...The Commission said, if necessary, it may enact laws to force swifter action..."