"A European Commission spokesperson said the fine against X's holding company was due to the platform's misleading use of a blue check mark to identify verified users, a poorly functioning advertising repository, and a failure to provide effective data access for researchers. Europe's preference had not been to fine X, said the spokesperson, Thomas Regnier, as he drew a contrast with the Chinese-owned platform TikTok. Regnier announced Friday that TikTok had separately offered concessions that would allow it to avoid such penalties."
""Rumors swirling that the EU commission will fine X hundreds of millions of dollars for not engaging in censorship," Vice President Vance wrote on X Thursday. "The EU should be supporting free speech not attacking American companies over garbage." In July 2024, in a set of preliminary findings, the European Commission formally accused X which serves more than 100 million users within the EU of several violations."
The European Commission imposed a $140 million fine on X's holding company for failures to comply with rules for large digital platforms. The penalties cited misleading conversion of the blue verification badge into a paid feature, a poorly functioning advertising repository, and ineffective data access for researchers. Commission spokesperson Thomas Regnier contrasted X's lack of engagement with TikTok, which offered concessions to avoid penalties. The Commission said it settles cases when platforms engage constructively and takes action when they do not. The decision prompted political backlash from Elon Musk and U.S. figures, and Musk intends to legally challenge any sanctions. X serves over 100 million EU users and could have faced higher penalties.
Read at www.npr.org
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