This does not compel social media to follow Polish law throughout the world. It only means that social media should be able to filter content per country as they should anyway because what's legal and what's illegal varies from country to country.
An example, which often pops up: Denying the Holocaust falls within free speech protected by the 1st Amendment in the US. On the other hand, it is a criminal offence in many European countries.
It may not matter if you have no legal presence in countries outside your own but the FAANG have legal presence in most in not all Western countries at the very least and must follow the laws of these countries.
But in this case, the country isn't demanding FAANG censor stuff illegal in Poland for Polish audiences (which I'm sure already happens to a degree), they're arguing they should be punished for removing anything which isn't illegal in Poland (if a Pole objects). And I doubt Poland has laws against trolling or spam...
That's the same thing isn't it? Filtering per country.
We'd need to see the actual drafting, which may not even exist yet, to discuss what they actually have in mind, at the moment many people make conjectures based on one line in an article.
(An I'm sure that Poland has laws against harassment and spam... if only because spam is covered by EU Directives).
An example, which often pops up: Denying the Holocaust falls within free speech protected by the 1st Amendment in the US. On the other hand, it is a criminal offence in many European countries.
It may not matter if you have no legal presence in countries outside your own but the FAANG have legal presence in most in not all Western countries at the very least and must follow the laws of these countries.