Technology

For those wondering:

The wide-ranging Digital Services Act (DSA) can fine a company up to 6% of its global turnover for violating the rules

Based on revenue in 2022, that means Twitter faces a $264 million dollar fine.

The DSA isn't the real danger for twitter. That would be NetzDG. From April, 2023:

The law, known colloquially as NetzDG, allows for fines of up to €50 million per case. ... Even just in Germany if the BfJ were to act on the 600+ illegal hate speech cases that have already been reported to it that could sum to fines of up to €30 billion for Twitter, based on the maximum penalties set out in the NetzDG law.

This is the best summary I could come up with:

X, the platform formerly known as Twitter, may have broken the European Union’s tough new Digital Service Act rules, regulators said as they announced the opening of an official investigation today.

In a press release, the European Commission said it’s focussing on four areas: the spread of illegal content, the effectiveness of X’s measures to combat the spread of disinformation, the transparency of X, and the potential “deceptive design” of X’s user interface.

“The higher the risk large platforms pose to our society, the more specific the requirements of the Digital Services Act are,” said Margrethe Vestager, EU Executive Vice-President.

“We take any breach of our rules very seriously.

And the evidence we currently have is enough to formally open a proceeding against X.”

“Today’s opening of formal proceedings against X makes it clear that, with the DSA, the time of big online platforms behaving like they are ‘too big to care’ has come to an end,” said Thierry Breton, EU commissioner for Internal markets.

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