COMMERCIAL REGULATIONS: Prohibits social media companies from collecting data to use for targeted advertising to minors

HB 577 prohibits social media companies from collecting data on minors to use for targeted advertising. The law directly affects children under the age of 18 and the digital platforms that serve them. By restricting how these companies gather and utilize personal information from young users, the bill aims to limit their ability to show ads based on the habits and preferences of minors. This measure represents a concrete change in commercial regulations without speculating on its broader economic or social impacts.