Elon Musk's X is in hot water with the EU for breaking new content rules and risks multibillion-dollar fines even he might find prohibitive.
Elon Musk’s X is in hot water with the EU for breaking new content rules and risks multibillion-dollar fines even he might find prohibitive.The EU is weighing action against X as part of a probe into whether the platform is breaching its content moderation rules.
Under EU legislation, for each of the offences Brussels could impose a fine of up to six percent of the annual worldwide turnover of the service “provider”. That would potentially increase the penalty around thirty-fold, up from $200 million if only X’s revenues are targeted to over $6 billion for each of the separate charges.
In a move that might soften the tough stance from Brussels, the EU’s tech enforcer Thierry Breton quit suddenly this month after failing to get reappointed for a new term. Romain Rard, from the law firm Gide in Brussels, said that extending the scope of the fine to cover Musk’s other companies would be a “conceivable” option for the commission to take, depending on how his empire is structured legally.Either way, any penalty that might be levied would almost inevitably end up being caught up in complex legal wranglings before the EU’s top court in Luxembourg – especially as Musk has already warned of a “very public battle”.
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