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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."

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[-] singletona@lemmy.world 116 points 1 week ago

Don't talk about doing the thing and do the thing.

[-] FiskFisk33@startrek.website 33 points 1 week ago

in a democracy the latter has to be preceded by the former.

[-] singletona@lemmy.world 12 points 1 week ago

Forgive me for being jaded and bitter about the opposition party being nothing BUT ineffectual talk.

[-] orwellianlocksmith@lemmy.world 2 points 1 week ago

The talking happened when the law was being promulgated. Now it's in effect, and so time for action.

[-] FiskFisk33@startrek.website 1 points 1 week ago

yeah, only time will tell.

[-] fyzzlefry@retrolemmy.com 66 points 1 week ago
[-] mPony@lemmy.world 9 points 1 week ago

Get back to me when they spell Billion with a T

[-] UprisingVoltage@feddit.it 4 points 1 week ago

Tillion? Tbillion? BillionT?

!/s!<

[-] Lost_My_Mind@lemmy.world 64 points 1 week ago

Oh noooooo 1 billion dollars.......such a heavy fine.......

Make it 60 billion.

[-] surewhynotlem@lemmy.world 35 points 1 week ago

This. Fines should be percentage of wealth. Otherwise they're just a sticker price on breaking the law.

But $60B is more than Musk bought Twitter for, and there's no way it increased enough that $60B would be a reasonable percentage of income in any capacity.

[-] Mubelotix@jlai.lu 3 points 1 week ago

Nice idea but the state wouldn't be able to know how much one owns. I am poor, but I have more hidden wealth than declared wealth

[-] IGuessThisIsMyName@lemmy.world 26 points 1 week ago

This would be a fine against X though right rather than Elon himself? Surely the company wouldn't have that kind of cash available and would need to take drastic action to raise that amount.

[-] Lost_My_Mind@lemmy.world 20 points 1 week ago

rubbing nipples

Oh, gosh! That sounds SO bad! Go on, tell us in explicit detail all the drastic measures that X would face. Tell us all the pain they would endure! Spare no detail.

rubs balls

Yeah.....yeah almost there....

[-] CheeseToastie@lazysoci.al 6 points 1 week ago

I don't understand the downvotes for this, this was my thinking too.

[-] SaharaMaleikuhm@feddit.org 50 points 1 week ago

I believe it when they actually do it

[-] vxx@lemmy.world 17 points 1 week ago* (last edited 1 week ago)

They've fined meta for 800 million in the past.

There's a reason there's so much anti EU sentiment on social media.

https://ec.europa.eu/commission/presscorner/detail/en/ip_24_5801

[-] merdaverse@lemmy.world 5 points 1 week ago

It's never enough. Companies that make this much money just write it off as the cost of doing business.

[-] oxysis@lemm.ee 29 points 1 week ago

So a slap on the wrist? A significant one sure but just ban them if you want to be serious and make an example out of them

[-] mannycalavera@feddit.uk 22 points 1 week ago

but just ban them if you want to be serious

But if you ban them you can't continue to fine them....

[-] oxysis@lemm.ee 17 points 1 week ago

If you want X and other American social media platforms to keep undermining your democracies then sure just fine them. But if you want to get serious then kick them to the fucking curb

[-] mannycalavera@feddit.uk 2 points 1 week ago

But if you want to get serious then kick them to the fucking curb

Absolutely, but you have to think why the European Union hasn't done this to date? It's totally within their gift to say that Twitter is such a dog shit platform that tomorrow it will be blocked, no European company can do business with them. But they don't. Why is that?

[-] jumjummy@lemmy.world 3 points 1 week ago* (last edited 1 week ago)

$huck$, I hav€n’t the $light€$t notion a$ to why th€y wouldn’t have tak€n $uch action$.

It’$ a my$t€ry

[-] Klear@sh.itjust.works 13 points 1 week ago
[-] kautau@lemmy.world 6 points 1 week ago

Well then do either one instead of just loudly proclaiming you might do something

[-] Bleys@lemmy.world 20 points 1 week ago

Why stop at 1

[-] Little8Lost@lemmy.world 15 points 1 week ago

I hope that after the fine goes into action he loses more investors further deminishing his wealth

does not matter to me if the actual fine is lower when in the end he pays a higher price. (but big numbers are nice so: go europe)

[-] SinningStromgald@lemmy.world 14 points 1 week ago
[-] wieson@feddit.org 2 points 1 week ago* (last edited 1 week ago)

Hopefully it's a European billion (million, milliarde, billion, billiarde etc) so 10^12

[-] skitazd@lemm.ee 12 points 1 week ago

Just ban the thing

[-] FelixCress@lemmy.world 10 points 1 week ago

Good. Go ahead.

[-] resipsaloquitur@lemm.ee 5 points 1 week ago

Oh no don’t make papa Elon cry.

[-] 200ok@lemmy.world 1 points 1 week ago

don juan grabbed the wrong pussy

this post was submitted on 04 Apr 2025
662 points (100.0% liked)

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