The European Union is considering levying a $1 billion fine against Elon Musk’s X, alleging that the social media company has violated its law against disinformation and illicit content, The New York Times reported.
Along with the hefty fine, the E.U. would also demand that X make changes to its product, according to the Times, which cited “four people with knowledge of the plans.” If the E.U. moves forward, it would be the first fine imposed by the body using its Digital Services Act (DSA). The DSA “regulates online intermediaries and platforms … to prevent illegal and harmful activities online and the spread of disinformation.”
The social media company formerly known as Twitter, which Musk said he took over to restore free speech, responded to the potential enforcement of the E.U.’s social media law, saying the move would be “an unprecedented act of political…