European Union regulators are set to impose significant penalties on X, Elon Musk's social network, for violating the Digital Services Act. A fine could surpass $1 billion, marking the first application of this law. While assessing the penalty, the EU is cautious of potential political fallout, particularly concerning U.S. relations. Despite criticism from X regarding the enforcement actions as an censorship attack, regulators are exploring the possibility of calculating fines based on revenues from Musk's other companies, including SpaceX, potentially escalating the financial impact.
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.
If the reports that the European Commission is considering enforcement actions against X are accurate, it represents an unprecedented act of political censorship and an attack on free speech.
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