This chapter shall not apply to either of the following:

(a) A social media platform that is controlled by a business entity that generated less than one hundred million dollars ($100,000,000) in gross revenue during the preceding calendar year.

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(b) A social media platform whose primary function is to allow users to play video games.

(Added by Stats. 2022, Ch. 700, Sec. 1. (AB 2879) Effective January 1, 2023.)