EU Readying Severe Fine for Elon Musk's X Over Digital Rules Alleged Breaches, NYT Says, Citing Sources

Dow Jones04-04

-- The European Union is preparing to fine Elon Musk's X platform over alleged breaches of the bloc's Digital Services Act, the New York Times reports, citing unnamed sources.

-- The European Commission is expected to fine X and issue a list of demands for product changes, according to the NYT. The EU executive started investigating X in 2023 under the bloc's landmark digital platform regulation, which asks companies to address misinformation and illegal content.

-- The fine could surpass $1 billion, in a move aimed at deterring other companies from flouting the DSA, according to an unnamed source, the NYT said.

-- A commission spokesperson told NYT that the EU enforces fairly and without discrimination on all companies operating in the bloc. X declined to comment to the NYT. After the story was published, the company said in an X post that it would use every option at its disposal to defend the business, calling the move an attack on free speech.

Full story: https://shorturl.at/sYFkm

Write to Edith Hancock at edith.hancock@wsj.com

(END) Dow Jones Newswires

April 04, 2025 06:16 ET (10:16 GMT)

Copyright (c) 2025 Dow Jones & Company, Inc.

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