The European Commission said it will “make sure” it receives money owed by Elon Musk’s X after the company was fined €120 million for failing to meet transparency rules.
The Commission on Friday said X has breached transparency and deceptive design obligations under the EU’s platforms regulation, the Digital Services Act, and issued the €120 million penalty.
The decision set off a cascade of accusations of censorship from U.S. officials, Musk and his supporters, with some suggesting the company should refuse to pay the fine.
The EU does this already. And I agree, $140million is not much, EU-wide. Last I heard it was just 1 member state who issued a similar fine - times 27 that would already hurt a little.
All the dumber that Musk is making such a stink about what is really less than peanuts to him.
It is peanuts to him but I think his hissyfit is not so much about the money but the fact that the EU has the capacity to regulate his company. As an billionaire in the US he is very much used to doing whatever he wants with no consequences or constraints from regulatory agencies.