{"id":2449791,"date":"2025-06-20T11:45:02","date_gmt":"2025-06-20T15:45:02","guid":{"rendered":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/new-eu-inquiry-into-musks-x-acquisition-opens-the-door-to-a-bigger-fine\/"},"modified":"2025-06-20T11:45:19","modified_gmt":"2025-06-20T15:45:19","slug":"new-eu-inquiry-into-musks-x-acquisition-opens-the-door-to-a-bigger-fine","status":"publish","type":"post","link":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/new-eu-inquiry-into-musks-x-acquisition-opens-the-door-to-a-bigger-fine\/","title":{"rendered":"New EU inquiry into Musk&#8217;s X acquisition opens the door to a bigger fine"},"content":{"rendered":"<aside class=\"mashsb-container mashsb-main mashsb-stretched\"><div class=\"mashsb-box\"><div class=\"mashsb-count mash-medium\" style=\"&quot;\"><div class=\"counts mashsbcount\">28<\/div><span class=\"mashsb-sharetext\">SHARES<\/span><\/div><div class=\"mashsb-buttons\"><a class=\"mashicon-facebook mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https%3A%2F%2Fwww.conservativenewsdaily.net%2Fbreaking-news%2Fnew-eu-inquiry-into-musks-x-acquisition-opens-the-door-to-a-bigger-fine%2F\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Facebook<\/span><\/a><a class=\"mashicon-twitter mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/twitter.com\/intent\/tweet?text=&amp;url=https:\/\/www.conservativenewsdaily.net\/breaking-news\/?p=2449791&amp;via=ConservNewsDly\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Twitter<\/span><\/a><a class=\"mashicon-subscribe mash-medium mash-nomargin mashsb-noshadow\" href=\"#\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Subscribe<\/span><\/a><div class=\"onoffswitch2 mash-medium mashsb-noshadow\" style=\"display:none\"><\/div><\/div>\n            <\/div>\n                <div style=\"clear:both\"><\/div><\/aside>\n            <!-- Share buttons by mashshare.net - Version: 4.0.47--><p>the European Union (EU) has intensified its scrutiny of Elon Musk&#8217;s <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/the-new-acting-attorney-general-jeff-rosen-recently-wrote-an-essay-on-foreign-influence-in-us-elections-this-tells-us-a-little-about-his-knowledge-of-whats-going-on-today\/\" title=\"The New Acting Attorney General Jeff Rosen Recently Wrote an Essay on Foreign Influence in US Elections \u2013 This Tells Us A Little About His Knowledge of What\u2019s Going On Today\">social media platform<\/a>, X, following its acquisition by xAI for $33 billion.Regulatory officials are currently evaluating whether to increase the already ample fines that X faces under the digital Services Act (DSA). This inquiry arises from the acquisition&#8217;s potential to change the company&#8217;s revenue and liability, as the DSA allows fines of up to 6% of a company&#8217;s annual global revenue. Following the merger, xAI&#8217;s valuation is reportedly $80 billion, which may further complicate X&#8217;s regulatory challenges.the EU had previously accused X of violating the DSA by misleading users regarding its verification processes and lacking transparency in its advertising practices. This investigation adds X to a list of American tech companies facing EU scrutiny,following critically important penalties against Apple and meta for similar violations.  <\/p>\n<p class=\"readmore\">\n    <button onclick=\"showReadMore()\" id=\"readmorebtn\">Read more&#8230;<\/button>\n<\/p>\n<hr id=\"line\">\n<span id=\"more\"><\/p>\n<p><?xml encoding=\"utf-8\" ?><?xml encoding=\"utf-8\" ?><?xml encoding=\"utf-8\" ?><?xml encoding=\"utf-8\" ?><?xml encoding=\"utf-8\" ?><?xml encoding=\"utf-8\" ?><\/p>\n<div class=\"tdb-block-inner td-fix-index\"><span class=\"tdb-mobile-menu-button\"><i class=\"tdb-mobile-menu-icon td-icon-mobile\"><\/i><\/span><\/div>\n<div class=\"tdb-block-inner td-fix-index\"><span class=\"tdb-header-search-button-mob dropdown-toggle\" data-toggle=\"dropdown\"><i class=\"tdb-mobile-search-icon td-icon-search\"><\/i><\/span><\/div>\n<div class=\"tdb-block-inner td-fix-index\"><\/div>\n<div class=\"tdb-block-inner td-fix-index\"><span class=\"tdb-mobile-menu-button\"><i class=\"tdb-mobile-menu-icon td-icon-mobile\"><\/i><\/span><\/div>\n<div class=\"tdb-block-inner td-fix-index\">\n<div class=\"tdb-drop-down-search\" aria-labelledby=\"td-header-search-button\">\n<div class=\"tdb-drop-down-search-inner\">\n<form method=\"get\" class=\"tdb-search-form\" action=\"https:\/\/www.washingtonexaminer.com\/\"><\/form>\n<div class=\"tdb-aj-search\"><\/div>\n<\/div>\n<\/div>\n<p><a href=\"http:\/\/www.washingtonexaminer.com\/#\" role=\"button\" aria-label=\"Search\" class=\"tdb-head-search-btn dropdown-toggle\" data-toggle=\"dropdown\"><i class=\"tdb-search-icon td-icon-search\"><\/i><\/a><\/div>\n<div class=\"tdb-block-inner td-fix-index\"><\/div>\n<div class=\"tdb-block-inner td-fix-index\">\n<h1 class=\"tdb-title-text\">New EU inquiry into Musk&rsquo;s X acquisition opens the door to a bigger fine<\/h1>\n<div><\/div>\n<div class=\"tdb-title-line\"><\/div>\n<\/div>\n<div class=\"tdb-block-inner td-fix-index\"><\/div>\n<div class=\"tdb-block-inner td-fix-index\"><\/div>\n<div class=\"tdb-block-inner td-fix-index\">\n<div id=\"Brid_2153539\" class=\"tpd-featured-video bridtv\"><\/div>\n<p><a href=\"https:\/\/www.washingtonexaminer.com\/tag\/european-union\/\" target=\"_blank\" rel=\"noopener\" title=\"\">European Union<\/a> regulators are scrutinizing <a href=\"https:\/\/www.washingtonexaminer.com\/tag\/elon-musk\/\" target=\"_blank\" rel=\"noopener\" title=\"\">Elon Musk<\/a>&rsquo;s X after the company&rsquo;s $33 billion buyout <a href=\"https:\/\/www.washingtonexaminer.com\/tag\/artificial-intelligence\/\" target=\"_blank\" rel=\"noopener\" title=\"\">by xAI<\/a>.<\/p>\n<p><a href=\"https:\/\/www.washingtonexaminer.com\/tag\/big-tech\/\" target=\"_blank\" rel=\"noopener\" title=\"\">Musk&rsquo;s X<\/a> has already been facing a steep fine from the European Commission under the Digital Services Act, but a new request from regulators could increase the fine further. EU tech enforcers sent additional questionnaire to the corporation Thursday.<\/p>\n<div class=\"recommended-stories\">\n<h2>Recommended Stories<\/h2>\n<ul>\n<li><a href=\"https:\/\/www.washingtonexaminer.com\/magazine-business\/3445965\/iran-economy-military-isolation-down-fall\/\">Economic isolation started Iran&#8217;s self-inflicted military wounds<\/a><\/li>\n<li><a href=\"https:\/\/www.washingtonexaminer.com\/premium\/3445574\/trump-eu-trade-aim-clinch-deal-tariffs\/\">Trump administration and EU officials aim to <a href=\"https:\/\/amzn.to\/3YuVZYV\" >clinch <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/the-war-is-over-nigel-farage-on-the-united-kingdom-and-the-european-union-announcing-they-finally-have-come-to-an-agreement\/\" title=\"\u201cThe War Is Over\u201d \u2013 Nigel Farage On The United Kingdom and the ... Announcing They Finally Have Come to an Agreement\">trade deal<\/a><\/a><\/a><\/li>\n<li><a href=\"https:\/\/www.washingtonexaminer.com\/news\/3445504\/us-steel-nippon-merger-finalized\/\">US merger with Nippon Steel finalized after Trump approves merger<\/a><\/li>\n<\/ul>\n<\/div>\n<div class=\"article-paywall\">\n<p>This recent questioning stems from how xAI&rsquo;s acquisition of X in March changes the size of the fine. The DSA allows the Commission to impose a fine up to 6% of a company&rsquo;s annual global revenue.<\/p>\n<p>The valuation of xAI after the deal, according to a social media post by Musk, is listed as $80 billion. European regulators are also investigating whether Musk&rsquo;s other companies, such as SpaceX or Neuralink, should be added to the fine.<\/p>\n<p>Commission spokesperson Thomas Regnier <a href=\"https:\/\/www.bloomberg.com\/news\/articles\/2025-06-19\/musk-s-xai-sparks-new-eu-scrutiny-ahead-of-potential-x-penalty?srnd=phx-technology\" target=\"_blank\" rel=\"noopener\" title=\"\">released a statement saying,<\/a> &ldquo;We are following closely changes in the corporate structure of X, as we would [with] changes in any other designated platform.&rdquo;<\/p>\n<p>In December 2023, the <a href=\"https:\/\/ec.europa.eu\/commission\/presscorner\/detail\/en\/ip_24_3761\" target=\"_blank\" rel=\"noopener\" title=\"\">EU began investigating<\/a> whether the company had violated the DSA. The Commission has accused the platform of breaching the DSA by changing the X checkmark, which &ldquo;deceives users,&rdquo; and that the business has not been sufficiently transparent about its advertising and data practices. Earlier in June 2025, X included a Disclaimer on how the <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wow-shifty-dominion-uses-a-factcheck-statement-by-cisa-group-that-includes-dominion-to-prove-its-innocence-on-its-own-factcheck-page\/\" title=\"WOW! Shifty Dominion Uses a &quot;FactCheck&quot; Statement by CISA Group that INCLUDES DOMINION to &quot;Prove&quot; Its Innocence on Its Own &quot;FactCheck&quot; Page\">site&#038;rsquo<\/a>;s checkmark program functioned in an attempt to appease EU regulators.<\/p>\n<p><strong><a href=\"https:\/\/www.washingtonexaminer.com\/premium\/3445574\/trump-eu-trade-aim-clinch-deal-tariffs\/\" target=\"_blank\" rel=\"noopener\" title=\"\">TRUMP ADMINISTRATION AND EU OFFICIALS AIM TO CLINCH TRADE DEAL <\/a><\/strong><\/p>\n<p>X is not the only American technology company to be investigated by the EU. In April, <a href=\"https:\/\/www.washingtonexaminer.com\/policy\/technology\/3388708\/eu-fines-apple-meta-antitrust-violations\/\" target=\"_blank\" rel=\"noopener\" title=\"\">the EU ordered Apple and Meta<\/a> to pay a combined $800 million fine. Both firms were fined under the EU&rsquo;s Digital Markets Act, a law closely related to the DSA.<\/p>\n<p>Earlier in April, before the fines against Apple and Meta, the United States launched a global 10% tariff that included European imports. Since then, President <a href=\"https:\/\/www.washingtonexaminer.com\/premium\/3445574\/trump-eu-trade-aim-clinch-deal-tariffs\/\" target=\"_blank\" rel=\"noopener\" title=\"\">Donald Trump has said<\/a> the EU has been &ldquo;very difficult to deal with.&rdquo; Trump has stated that unless a trade deal can be negotiated, the tariff on EU imports will be increased to 50% on July 9.&nbsp;<\/p>\n<\/div>\n<p> <script data-cfasync=\"false\" src=\"http:\/\/www.washingtonexaminer.com\/cdn-cgi\/scripts\/5c5dd728\/cloudflare-static\/email-decode.min.js\"><\/script><script>!function(){var g=window;g.googletag=g.googletag||{},g.googletag.cmd=g.googletag.cmd||[],g.googletag.cmd.push(function(){g.googletag.pubads().setTargeting(\"has-featured-video\",\"true\")})}();<\/script><script>var _bp=_bp||[];_bp.push({\"div\":\"Brid_2153539\",\"obj\":{\"id\":\"27789\",\"width\":\"1280\",\"height\":\"720\",\"stickyDirection\":\"below\",\"video\":\"2153539\"}});<\/script><script defer src=\"https:\/\/services.brid.tv\/player\/build\/brid.min.js\"><\/script><\/div>\n<div class=\"tdb-block-inner td-fix-index\"><\/div>\n<div class=\"tdb-block-inner td-fix-index\"><\/div>\n<p><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>EU probes Musk&#8217;s X acquisition, risking larger fines<\/p>\n","protected":false},"author":3892,"featured_media":2449792,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_mo_disable_npp":"","fifu_image_url":"https:\/\/www.washingtonexaminer.com\/wp-content\/uploads\/2025\/06\/elon-musk-oval-office-scaled-1024x683.webp","fifu_image_alt":"","footnotes":""},"categories":[33651],"tags":[39748,8271,4250,57561],"class_list":["post-2449791","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-the-western-journal","tag-eu","tag-inquiry","tag-musk","tag-x-acquisition"],"fifu_image_url":"https:\/\/www.washingtonexaminer.com\/wp-content\/uploads\/2025\/06\/elon-musk-oval-office-scaled-1024x683.webp","_links":{"self":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/2449791","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/users\/3892"}],"replies":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/comments?post=2449791"}],"version-history":[{"count":3,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/2449791\/revisions"}],"predecessor-version":[{"id":2449795,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/2449791\/revisions\/2449795"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media\/2449792"}],"wp:attachment":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media?parent=2449791"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/categories?post=2449791"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/tags?post=2449791"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}