The European Union is planning serious actions against the platform X, owned by Elon Musk, in response to its non-compliance with illegal content regulations, reports The New York Times.
According to sources, the company could face fines exceeding $1 billion and be required to make changes to its product. This would mark the first application of the Digital Services Act (DSA).
The investigation began in 2023, and regulators have already determined that X violated the law by failing to provide data for research on disinformation spread and insufficiently monitoring content.
X is also involved in a second investigation that could lead to additional sanctions. The EU believes the social network's user content policy has turned the platform into a hub for hate speech and disinformation.
The company X criticized the regulators' actions, labeling them as an "unprecedented act of political censorship." Musk has previously stated his willingness to challenge the fines in court.
The EU is considering including revenues from Musk's other companies, such as SpaceX, in calculating the fine, which could significantly increase the amount.
Additionally, the European Union is preparing to fine Meta and Apple for violations of the Digital Markets Act (DMA). This indicates the EU's intention to continue strict regulation of American tech giants, which is likely to impact the new high tariffs imposed by the US against the EU.