Sign Up on MEXC
In a significant move, the European Commission has initiated formal infringement proceedings against Elon Musk’s X under the Digital Services Act (DSA). Notably, the proceedings stem from concerns related to risk management, content moderation, dark patterns, advertising transparency, and data access for researchers.
Meanwhile, this marks a pivotal moment as the EU flexes its regulatory muscles, targeting one of the largest online platforms with 112 million monthly active users in the region. Here’s a closer look at the allegations and their implications.
EU’s Crackdown On X Over Alleged DSA Violations
The European Commission’s decision to open formal proceedings against X follows a comprehensive assessment of potential breaches under the DSA. Notably, the focus areas include countering the dissemination of illegal content, combatting information manipulation, enhancing platform transparency, and investigating a suspected deceptive design of the user interface. If proven, these allegations would constitute infringements of various articles of the DSA.
Meanwhile, the proceedings specifically question X’s adherence to DSA obligations, such as effectively countering the spread of illegal content within the EU, the efficiency of measures against information manipulation, and the transparency of the platform.
Notably, this is the first formal enforcement action launched by the EU under the pioneering horizontal framework for online platforms’ responsibility, just three years after its proposal.
Also Read: Terra Luna Classic (LUNC) Community Rejects Key Burn Proposal, Here’s Why
Next Steps and Potential Ramifications
Following the formal initiation of proceedings, the European Commission will continue to gather evidence, possibly through additional information requests, interviews, or inspections. Notably, the DSA empowers the Commission to take further enforcement steps, including interim measures and non-compliance decisions.
Meanwhile, X has the opportunity to address the concerns and make commitments to remedy the identified issues.
However, the duration of the investigation will depend on various factors, including the complexity of the case and the extent of cooperation from X, the recent report showed. Meanwhile, the outcome remains uncertain, but these proceedings mark a milestone in the EU’s efforts to ensure compliance with the DSA, emphasizing the responsibility of Very Large Online Platforms (VLOPs) in maintaining a secure, transparent, and trustworthy digital space.
Also Read: Animoca Brands Reveals $172 Mln In Cash & Stablecoins, Know More Here
- BlackRock Ethereum ETF Sees Record 80,768 ETH Inflow After Huge Sell-Off Week
- Crypto Expert Reveals Why XRPR ETF Launch This Week Could Be A Bigger Deal Than Spot XRP ETF
- Bitcoin News Today: Key Indicator Turns Bearish to Neutral Ahead of Fed Rate Cut Expectations, Court Rejects Trump Appeal
- Bitwise Files S-1 for Avalanche ETF With SEC Following Delaware Registration
- REX-Osprey Dogecoin and XRP ETFs Set to Launch September 18
- Solana Price Prediction: Analyst eyes $1,250 as Galaxy Digital and Forward Industries Intensify Accumulation
- Trump Coin Price at Risk of a 16% Dive as Open Interest, Whale Selling Intensify
- Hype Price Prediction Gains Momentum — Is USHD Launch the Fuel for $72 Target?
- Bitcoin Price Prediction: Q4 Rally Looms as ETF Inflows Hit $642M—Analyst eyes $150K
- Pepe Coin Price Prediction as the Token Jumps Nearly 20% – Will Whale Accumulation Take it to $0.00003?
