[Summary] Elon Musk's X bans European Commission from making ads after €120m fine – BBC
- X has banned the European Commission from advertising on its platform following a €120 million fine.
- The fine was issued for the platform's blue tick system, which the EU regulator deemed 'deceptive' due to a lack of meaningful user verification.
- The EU regulator cited concerns about scams, impersonation, and manipulation by malicious actors as consequences of the deceptive system.
- X also faces scrutiny for failing to provide transparency around its adverts and denying researchers access to public data.
- Elon Musk reacted to the fine by stating the EU 'should be abolished' and retweeted a comparison of the EU to fascism.
- A senior X executive accused the European Commission of exploiting a loophole in the advertising system to promote its post about the fine.
- The European Commission stated it uses social media platforms in good faith and expects tools to comply with terms and conditions.
- This dispute follows previous disagreements between X and global regulators, including actions in Brazil and Australia.
- The fine is the first issued under the EU's Digital Services Act.
- US officials, including Marco Rubio and the FCC, have accused the EU regulator of attacking and censoring US firms.
Reference(s)
- https://www.bbc.com/news/articles/c0589g0dqq7o
- https://kagi.com/summarizer?target_language=&summary=takeaway&url=https%3A%2F%2Fwww.bbc.com%2Fnews%2Farticles%2Fc0589g0dqq7o