Following the European Commission’s preliminary findings, made public on Friday, July 12, accusing social media platform X of violating the Digital Services Act (DSA) due to its policy of verified accounts and transparency lapses, Elon Musk declared that he would sue the EU executive.
Late in the day, CTO Musk and X Chairmain expressed their anticipation for an obvious legal battle in a post on X. He was replying to Thierry Breton, the Internal Market Commissioner, who had earlier posted about the preliminary conclusions the Commission had reached on X.
The Commission made public the preliminary findings regarding X’s non-compliance with the DSA on Friday morning. Margrethe Vestager, the executive vice president of the Commission, announced the findings on Friday. These are the first conclusions made by the Commission under the historic content moderation regulation.
Under the EU’s historic content moderation law, the Digital Society Act (DSA), X has been classified as a very large online platform and is, therefore, subject to stringent risk management and transparency regulations.
X has the ability to address the three DSA non-compliance issues that the Commission has identified. If the Commission deems a company’s responses inadequate, it has the authority to fine it up to 6% of its yearly worldwide turnover.
Also Read:
TCS of Indian Reports an 8.7% Increase in Quarterly Profits as Customer Spending Increases
Invesco Lowers Swiggy and Pine Labs’ IPO-bound Valuations