EU Imposes €120 Million Fine on Elon Musk’s X Platform Over Transparency Violations

Summary – The European Union has fined X, Elon Musk’s social media platform, €120 million for breaching digital transparency regulations related to its verification system.,

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The European Union has imposed a substantial fine of €120 million on X, the social media platform owned by Elon Musk. This penalty was levied due to violations of the EU’s digital transparency regulations, specifically concerning the platform’s verification system.

The EU’s decision underscores the importance of adherence to transparency standards in digital services, aiming to ensure that users receive clear and accurate information about account verification processes.

Key Points of the Fine

• Amount: €120 million
• Platform: X (formerly known as Twitter)
• Owner: Elon Musk
• Reason: Breach of transparency regulations related to the verification system

This enforcement action by the EU highlights its strict stance on digital accountability and regulatory compliance for social media companies operating within its jurisdiction.

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