elon musk

Twitter Withdraws from EU Code of Practice Against Disinformation

However, disregarding the DSA could prove to be a costly battle for Twitter and Elon Musk. The legislation empowers EU officials to levy penalties of up to 10 percent of a company’s global annual turnover for infractions, with the possibility of fines reaching 20 percent of worldwide turnover for repeated instances of non-compliance. Additionally, the European Commission has emphasized that persistent non-compliance may result in the EU blocking access to the offending services.