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EU Plans to Launch Compliance Investigation into X Platform
Summary: According to reports from the New York Post, the European Commission announced on Thursday that it is requesting more information from Elon Musk's X platform regarding corporate structure changes, following the completion of xAI's acquisition of X for $33 billion. An EU spokesperson emphasized: We are closely monitoring the changes in the company structure of ...
According to reports from the New York Post, the European Commission announced on Thursday that it is requesting more information from Elon Musk's X platform regarding corporate structure changes, following the completion of xAI's acquisition of X for $33 billion. An EU spokesperson emphasized: We are closely monitoring the changes in the company structure of X platform, just like with other designated platforms.
In July last year, the EU preliminarily determined that X platform had deceptive design violations, including changing the blue V certification to a paid service leading to distortion of user credibility. To avoid penalties, X platform added a disclaimer to the blue V badge this month.
