Here's the key - it makes BOTH of Section 230's liability waivers contingent on a "covered company" getting an "immunity certification" from the FTC.
See where it says "paragraphs (1) and (2) shall not apply"?
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In The Section 230 illusion, @RonColeman and I argued that tweaking that wasn't enough, because defamation lawsuits are near impossible to win.
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That's the one that protects the platforms' ability to remove "obscene" and "objectionable" content in good faith.
They need that one, folks. Otherwise moderation is a legal nightmare.
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They'll have to worry about content removal CONSTANTLY if they lose the protection of paragraph (2).
That's the crown jewel - not the "publisher/platform" distinction. Which is precisely what @RonColeman and I argued.
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And @HawleyMO's bill makes sure that's within the FTC's purview
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Their crown jewel - the liability carveout under § 230(c)(2) protecting good faith moderation decisions - is fully in play
Will it pass? Who knows
But it's one hell of a shot across the bow
FIN