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EU should be abolished after X fined $140 million


Elon Musk has called for the European Union to be abolished after the bloc fined his social media company X 120 million euros ($140 million) for a “deceptive” blue checkmark and lack of transparency of its advertising repository.

The European Commission hit X with the ruling on Friday following a two-year investigation into the company under the Digital Services Act (DSA), which was adopted in 2022 to regulate online platforms. At the time, in a reply on X to a post from the Commission, Musk wrote, “Bulls—.”

On Saturday he stepped up his criticism of the bloc. “The EU should be abolished and sovereignty returned to individual countries, so that governments can better represent their people,” he said in a post on X.

In regard to the DSA, the EU has a “solid case” at its disposal and is not targeting any company or jurisdiction, but rather basing its decisions on due process, Commission Spokesperson Thomas Regnier told CNBC.

Musk’s comments come as top U.S. government officials have also intensified their opposition to the decision.

Secretary of State Marco Rubio called the fine an “attack on all American tech platforms and the American people by foreign governments,” in a post on X on Friday.

“Today’s excessive €120M fine is the result of EU regulatory overreach targeting American innovation,” said Andrew Puzder, the U.S. ambassador to the EU, on X on Saturday.

“The Trump Administration has been clear: we oppose censorship and will challenge burdensome regulations that target US companies abroad. We expect the EU to engage in fair, open, & reciprocal trade — & nothing less.”

The decision to fine X has “nothing to do with content moderation,” said Regnier. “The decision is about transparency provisions for citizens in the European Union.”

Last week, the Commission said breaches included “the deceptive design of its ‘blue checkmark,’ the lack of transparency of its advertising repository, and the failure to provide access to public data for researchers.”

“With the DSA’s first non-compliance decision, we are holding X responsible for undermining users’ rights and evading accountability,” said Henna Virkkunen, executive vice president for tech sovereignty, security and democracy, at the time.

X now has 60 days to inform the Commission of plans to address the issues with “deceptive” blue checkmarks. It has 90 days to submit a plan to resolve the issues with its ads repository and access to its public data for researchers.

“Failure to comply with the non-compliance decision may lead to periodic penalty payments,” the Commission said in a statement.

X.ai, the company that owns X, and the Commission have been approached for comment.



Edited for Kayitsi.com

Kayitsi.com
Author: Kayitsi.com

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