European Union regulators have been reported to have washed a $ 1 billion fine against Elon Musk’s X, considering revenue from his other adventures, including Tesla and Spacex, according to the New York Times.
EU regulators say that X violated the Digital Services Act and would use a section of law to calculate a fine -based fine Includes other Musk companies controls, According to In an April 3 report of the newspaper, citing four people with the knowledge of the plan.
Under the Digital Services Act, which came to law in October 2022 to Police Social media companies and “avoid illegal and harmful online activities,” companies can pay up to 6% of global income for violations.
A spokesman for the European Commission, the Bloc’s executive branch, refused to comment on this case in the New York Times but said that “our laws will continue to enforce fair and discrimination with all companies operating in the EU.”
In a statement, the Government Government’s Government Group Says That if reports about EU plans are accurate, it will “represent an uninterrupted act of political censorship and an attack on free speech.”
“X has gone above and more to comply with the EU’s Digital Services Act, and we will use every option at our disposal to defend our business, keep our users safe, and protect the freedom of speech in Europe,” said X’s Global Government Affairs Team.
Source: Global Government Affairs
In conjunction with the fine, EU regulators may be reported to request product changes to X, with the full range of any penalties to be announced in the coming months.
However, a negotiation can be reached if the social media platform conforms to changes that satisfy the regulators, according to the Times.
One of the officials who spoke to The Times also said that X was facing a second investigation that stated the strategy of the user-generated content-generated policy platform became a hub of illegal speech and disinformation, which could result in more penalties.
X EU Investigation continues since 2023
The investigation of the EU started in 2023. A preliminary decision in July 2024 Found X had Digital Services Act violated By refusing to provide data outside researchers, provide adequate transparency about advertisers, or verify the authenticity of users with a verified account.
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X responded to deciding with a way -The contention points, and Musk said at the time he was offered a dealEU regulators allegedly told him if he secretly stopped some content, X would escape the fine.
Thierry Breton, the former EU commissioner for the internal market, Says In a July 12 X post in 2024 there was no secret deal and the X team asked the “Commission to explain the process for regulating and clarify our concerns,” and its response was consistent with “established regulatory methods.”
Musk Answer He looks “forward to a very public conflict in court so that European people will know the truth.”
Source: Thierry Breton
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