"On Friday, the European Commission slapped the company with a 120 million euro ($140 million) fine for several breaches of EU regulations, including what it calls the "deceptive design" of X's blue checkmark. "On X, anyone can pay to obtain the 'verified' status without the company meaningfully verifying who is behind the account, making it difficult for users to judge the authenticity of accounts and content they engage with," said the Commission in a press release. "This deception exposes users to scams, including impersonation frauds, as well as other forms of manipulation by malicious actors.""
"Regulators found X to be in violation of the EU's Digital Services Act, which governs the behavior of online platforms operating in the region. The Act does not require online services to verify people's identities, but does oblige them not to use deceptive design practices."
""Once again, Europe is fining a successful US tech company for being a successful US tech company. Europe is taxing Americans to subsidize a continent held back by Europe's own suffocating regulations.""
The European Commission fined X €120 million for multiple breaches of EU regulations, citing deceptive design of the platform's blue checkmark. The Commission found that anyone can pay to obtain 'verified' status on X without meaningful verification, making it difficult for users to judge account authenticity and exposing them to scams and impersonation fraud. Regulators concluded that X violated the EU Digital Services Act, which forbids deceptive design practices even though it does not mandate identity verification. The dispute has intensified tensions between European regulators and US tech companies, drawing criticism from US officials.
Read at www.cnet.com
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