Meta, TikTok, Snap face fines of 10% of global revenue under New Zealand bill
By Sean Maguire ( August 25, 2026, 07:39 GMT | Insight) -- Meta Platforms, TikTok and Snap could face fines of up to 10 percent of their global revenue under New Zealand legislation that would ban under-16s from social media. The bill would require high-risk platforms to check users’ ages and establish an online-safety regulator, but Meta has warned that blanket bans could create privacy risks and push teenagers toward less-regulated services. The proposal faces political uncertainty, with government coalition partners vowing to block it, while the opposition Labour Party will support it through its first reading.Meta Platforms, TikTok and Snap could face fines of up to 10 percent of their global revenue under New Zealand legislation that would ban under-16s from social media....
Prepare for tomorrow’s regulatory change, today
MLex identifies risk to business wherever it emerges, with specialist reporters across the globe providing exclusive news and deep-dive analysis on the proposals, probes, enforcement actions and rulings that matter to your organization and clients, now and in the longer term.
Know what others in the room don’t, with features including:
- Daily newsletters for Antitrust, M&A, Trade, Data Privacy & Security, Technology, AI and more
- Custom alerts on specific filters including geographies, industries, topics and companies to suit your practice needs
- Predictive analysis from expert journalists across North America, the UK and Europe, Latin America and Asia-Pacific
- Curated case files bringing together news, analysis and source documents in a single timeline
Experience MLex today with a 14-day free trial.