🇪🇺💥 EUROPEAN UNION IMPOSES €120M FINE ON ELON MUSK’S X — SPARKS FURY IN WASHINGTON ❗
The European Union has levied a fine of €120 million (equivalent to $140 million) on Elon Musk's platform X for breaches of the Digital Services Act (DSA). This represents the inaugural sanction implemented under this new law for noncompliance.
EU's Accusations
▪️ Violations of transparency regulations
▪️ Misleading labeling of paid blue check marks
▪️ Inadequate advertising disclosures leading to potential fraud and manipulation
▪️ Unjustifiable barriers for researchers seeking access to public data from the platform
Significance of This Action
▪️ Marks the first significant enforcement of the DSA
▪️ Sets a strong precedent for the oversight of major technology firms
▪️ Represents direct measures against a tech platform owned by an American entity
Response from the United States
▪️ 🇺🇸 Marco Rubio: Declares it “an attack on American technology and its citizens.”
▪️ 🇺🇸 JD Vance: Claims X is being penalized for “not practicing censorship.”
▪️ Elon Musk voiced agreement with these concerns
EU’s Position
▪️ Claims the case is not driven by political motives
▪️ States that the enforcement relates to legal standards, procedures, and user safety, rather than nationality
Future Developments
▪️ X may incur additional fines if infractions persist
▪️ Rising tensions are observed between the EU and U. S. regarding the balance between free speech and digital governance
Major Tech Companies.
Expression of freedom.
An escalating global confrontation.
This struggle is just beginning.
Congratulations!
