Sept 25 (Reuters) - Meta Platforms ( META ) is set to

face a charge sheet from the European Union for failing to

adequately police illegal content, risking fines for violating

the bloc's content moderation rulebook, Bloomberg News reported

on Thursday.

The European Commission is preparing to issue preliminary

findings saying that Meta's Facebook and Instagram lack an

adequate mechanism that would let users flag illegal posts for

removal, the report said, citing two people familiar with the

plans.

The EU has cracked down on Big Tech companies with the

Digital Services Act, which requires large platforms such as

social media sites and search engines to have robust measures to

mitigate the spread of illegal and harmful content.

The charge sheet is expected in the coming weeks, the report

said, adding that if the findings are confirmed, Meta risks a

fine of as much as 6% of its annual global sales.

Facebook and Instagram are also being investigated by the

European Commission over their suspected failure to tackle

disinformation and deceptive advertising in the run-up to the

2024 European Parliament elections.

Meta and the European Commission did not immediately respond

to Reuters requests for comment.