cross-posted from: https://lemmy.world/post/27791056
European Union regulators are preparing major penalties against X, including a fine that could exceed $1 billion, according to a New York Times report yesterday.
The European Commission determined last year that Elon Musk’s social network violated the Digital Services Act. Regulators are now in the process of determining what punishment to impose.
“The penalties are set to include a fine and demands for product changes,” the NYT report said, attributing the information to “four people with knowledge of the plans.” The penalty is expected to be issued this summer and would be the first one under the new EU law.
“European authorities have been weighing how large a fine to issue X as they consider the risks of further antagonizing [President] Trump amid wider trans-Atlantic disputes over trade, tariffs and the war in Ukraine,” the NYT report said. “The fine could surpass $1 billion, one person said, as regulators seek to make an example of X to deter other companies from violating the law, the Digital Services Act.”
That’s outrageous.
I demand they make it $100,000,000,000.Removed by mod
I don’t like the law to make an example out of anyone, I would rather see the law being effective and equally applied to all.
Also, these kind of regulations are precisely one of the things Trump and his billionaire bosses are trying to get rid of.
I find the headline a bit click-bait-y and intentionally controversial. I think nowhere did the EU said they wanted to make an example out of X. The NYT report said it. The EU just wants to apply the digital act - as they should
Yeah, any time you punish somebody, you are making an example. So not like they made a law just to apply it to X.
