The European Parliament on Wednesday approved a draft law intended to protect media freedom in the European Union. The European Media Freedom Act establishes EU-wide legal safeguards for editorial independence and the protection of journalistic sources. It also requires regulators to keep an eye on media market concentration. Large online platforms such as Google, X – formerly known as Twitter – and Facebook would also have to give bona-fide media organizations up to 24 hours notice and a right of reply before censoring their content. Media organizations would have to register in advance to be…