this post was submitted on 11 Oct 2023
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Europe gives Elon Musk 24 hours to respond about Israel-Hamas war misinformation and violence on X (www.cnbc.com)
submitted 2 years ago by [email protected] to c/[email protected]
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Europe gives Elon Musk 24 hours to respond about Israel-Hamas war misinformation and violence on X::Thierry Breton, the European commissioner for the internal market, warns Elon Musk about disinformation on X related to the Israel-Hamas conflict.

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[–] [email protected] 22 points 2 years ago

It's 6% of world-wide turnover, not EU revenue. The neat part about turnover is that you can't play shenanigans with accounting. It's very unlikely to be the full 6% though and they will want to keep some headroom for escalation and even more egregious cases.

But yes this is absolutely "drive a company bankrupt" kind of territory and that's precisely the intention. Either Twitter shapes up, leaves the EU market, or gets fined into non-existence.