WASHINGTON—The law that enabled the rise of social media and other internet businesses is facing threats unlike anything in its 24-year history, with potentially significant consequences for websites that host user content.

Section 230 of the Communications Decency Act was instrumental to the success of Silicon Valley tech giants such as Facebook Inc., Twitter Inc. and Alphabet Inc.’s Google and YouTube by giving them broad immunity for the content they publish from users on their sites.

There…

This post first appeared on wsj.com

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