Social Media Support Trade Groups Urge Top Court To Reverse Law Curbing Editorial Freedom

Trade groups on behalf of Meta Platforms Inc META and Alphabet Inc's GOOG GOOGL Google urged the U.S. Supreme Court to overturn a Texas law that would sharply restrict the editorial control of social media companies.
NetChoice LLC and the Computer & Communications Industry Association contended the Texas law violated the amendment by forcing social media companies to share harmful speech and subjecting them to spam and bullying, Bloomberg reports.
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The law would be chaotic by requiring a transformational change to websites' operations, the groups argued.
The Court of Appeals upheld the law in September but left the measure on hold to allow time for an appeal to the Supreme Court.
The Texas law prohibited social media platforms with more than 50 million users from discriminating based on viewpoint.
The high court could also review a new Florida law backed by former President Donald Trump, mandating platforms to give a "thorough rationale" for every content-moderation decision.
Price Action: META shares traded higher by 4.72% at $121.61 on the last check Friday.