Berliner Boersenzeitung - Like Brazil, the European Union also has an X problem

EUR -
AED 4.291518
AFN 81.206138
ALL 97.736885
AMD 448.444329
ANG 2.09153
AOA 1071.424762
ARS 1538.513486
AUD 1.78876
AWG 2.103124
AZN 1.953872
BAM 1.968524
BBD 2.359451
BDT 142.128682
BGN 1.955894
BHD 0.440525
BIF 3446.786616
BMD 1.168402
BND 1.503615
BOB 8.075718
BRL 6.311939
BSD 1.168553
BTN 102.445758
BWP 15.732702
BYN 3.857783
BYR 22900.683958
BZD 2.347424
CAD 1.609638
CDF 3376.682411
CHF 0.942217
CLF 0.028498
CLP 1117.98599
CNY 8.388193
CNH 8.392067
COP 4697.561217
CRC 591.159042
CUC 1.168402
CUP 30.962659
CVE 110.823138
CZK 24.469798
DJF 207.648098
DKK 7.462655
DOP 71.769097
DZD 152.001424
EGP 56.57635
ERN 17.526034
ETB 163.430286
FJD 2.631008
FKP 0.865009
GBP 0.864916
GEL 3.148828
GGP 0.865009
GHS 12.316664
GIP 0.865009
GMD 84.709161
GNF 10134.46136
GTQ 8.965953
GYD 244.495972
HKD 9.17187
HNL 30.773487
HRK 7.537947
HTG 153.210101
HUF 395.845331
IDR 18970.687023
ILS 3.984129
IMP 0.865009
INR 102.47131
IQD 1530.797603
IRR 49218.944625
ISK 143.258403
JEP 0.865009
JMD 186.928263
JOD 0.828386
JPY 172.848949
KES 151.308759
KGS 102.059755
KHR 4681.045545
KMF 492.481294
KPW 1051.489033
KRW 1616.080316
KWD 0.35698
KYD 0.973857
KZT 632.075665
LAK 25270.05346
LBP 104680.536659
LKR 351.8544
LRD 235.208338
LSL 20.682857
LTL 3.449988
LVL 0.706755
LYD 6.344856
MAD 10.572984
MDL 19.465373
MGA 5176.354661
MKD 61.585983
MMK 2452.751192
MNT 4202.030238
MOP 9.449284
MRU 46.648422
MUR 53.080516
MVR 17.994329
MWK 2027.428281
MXN 21.703913
MYR 4.931815
MZN 74.731006
NAD 20.682857
NGN 1792.909864
NIO 43.007993
NOK 11.922609
NPR 163.902449
NZD 1.961015
OMR 0.449248
PAB 1.168402
PEN 4.122345
PGK 4.852771
PHP 66.419579
PKR 331.726434
PLN 4.257197
PYG 8752.483121
QAR 4.254983
RON 5.06467
RSD 117.191251
RUB 92.829566
RWF 1689.495058
SAR 4.384877
SBD 9.616642
SCR 17.226659
SDG 701.623887
SEK 11.149548
SGD 1.498429
SHP 0.918181
SLE 27.108464
SLL 24500.810237
SOS 667.786307
SRD 43.719857
STD 24183.567431
STN 24.850587
SVC 10.225092
SYP 15191.507565
SZL 20.678146
THB 37.787268
TJS 10.92683
TMT 4.101092
TND 3.377074
TOP 2.813232
TRY 47.600159
TTD 7.929765
TWD 35.021103
TZS 3002.794345
UAH 48.486104
UGX 4159.864664
USD 1.168402
UYU 46.790316
UZS 14686.463752
VES 155.108362
VND 30694.923497
VUV 139.682586
WST 3.10576
XAF 656.222332
XAG 0.03051
XAU 0.000349
XCD 3.157666
XCG 2.106012
XDR 0.820612
XOF 656.222332
XPF 119.331742
YER 280.737791
ZAR 20.523091
ZMK 10517.007643
ZMW 26.966032
ZWL 376.225045
  • RBGPF

    0.0000

    73.08

    0%

  • RYCEF

    0.6400

    14.94

    +4.28%

  • BCC

    3.5200

    84.26

    +4.18%

  • NGG

    -0.9500

    70.28

    -1.35%

  • RIO

    0.9600

    63.1

    +1.52%

  • SCS

    0.2300

    16.19

    +1.42%

  • VOD

    0.0300

    11.54

    +0.26%

  • RELX

    -0.2100

    47.83

    -0.44%

  • GSK

    0.5100

    38.22

    +1.33%

  • CMSC

    0.0200

    23.08

    +0.09%

  • AZN

    1.2700

    75.34

    +1.69%

  • SCU

    0.0000

    12.72

    0%

  • BCE

    0.1500

    24.5

    +0.61%

  • JRI

    -0.0100

    13.38

    -0.07%

  • CMSD

    -0.0107

    23.56

    -0.05%

  • BTI

    -0.4100

    57.92

    -0.71%

  • BP

    0.1200

    34.07

    +0.35%

Like Brazil, the European Union also has an X problem
Like Brazil, the European Union also has an X problem / Photo: MAURO PIMENTEL - AFP/File

Like Brazil, the European Union also has an X problem

Elon Musk's woes are hardly limited to Brazil as he now risks possible EU sanctions in the coming months for allegedly breaking new content rules.

Text size:

Access to X has been suspended in South America's largest country since Saturday after a long-running legal battle over disinformation ended with a judge ordering a shutdown.

But Brazil is not alone in its concerns about X.

Politicians worldwide and digital rights groups have repeatedly raised concerns about Musk's actions since taking over what was then Twitter in late 2022, including sacking many employees tasked with content moderation and maintaining ties with EU regulators.

Musk's "free speech absolutist" attitude has led to clashes with Brussels.

The European Union could decide within months to take action against X, including possible fines, as part of an ongoing probe into whether the platform is breaching a landmark content moderation law, the Digital Services Act (DSA).

Nothing has yet been decided but any fines could be as high as six percent of X's annual worldwide turnover unless the company makes changes in line with EU demands.

But if Musk's reactions are anything to go by, another showdown is on the cards.

When the EU in July accused X of deceptive practices in violation of the DSA, Musk warned: "We look forward to a very public battle in court."

The temperature was raised even further a month later with another war of words on social media between Musk and the EU's top tech enforcer, Thierry Breton.

Breton reminded Musk in a letter of his legal duty to stop "harmful content" from spreading on X hours before an interview with US presidential challenger Donald Trump live on the platform.

Musk responded by mocking Breton and sharing a meme that carried an obscene message.

- EU ban 'very unlikely' -

Despite the bitter barbs, the European Commission, the EU's digital watchdog, insists that dialogue with X is ongoing.

"X continues to cooperate with the commission and respond to questions," the commission's digital spokesman, Thomas Regnier, told AFP.

Experts also agree that a Brazil-like shutdown in the 27-country EU is unlikely, although it has the legal right.

The DSA would allow the bloc to demand a judge in Ireland, where X has its EU headquarters, order a temporary suspension until the infringements cease.

Breton has repeatedly insisted that "Europe will not hesitate to do what is necessary".

But since X has around 106 million EU users, significantly higher than the 22 million in Brazil, the belief is that Musk would not want to risk a similar move in Europe.

"Obviously, we can never exclude it, but it is very unlikely," said Alexandre de Streel of the think tank Centre on Regulation in Europe.

Regardless of what happens next, de Streel said the case would likely end up in the EU courts, calling X "the least cooperative company" with the bloc.

Jan Penfrat of the European Digital Rights advocacy group said a ban was "a very last resort measure" and that X would "probably" not close shop in the EU.

"I would hope that the commission thinks about this very, very hard before going there because this (a ban) would have a tremendously negative effect on the right to freedom of expression and access to information," Penfrat said.

- EU's X-File -

The commission in July accused X of misleading users with its blue checkmarks for certified accounts, insufficient advertising transparency and failing to give researchers access to the platform's data.

That allegation is part of a wider probe into X, launched in December, and regulators are still probing how it tackles the spread of illegal content and information manipulation.

X now has access to the EU's file and can defend itself including by replying to the commission's findings.

The list of governments angry with Musk is growing. He also raised hackles over the summer in the UK during days of rioting sparked by online misinformation that the suspect behind a mass stabbing that killed three girls was a Muslim asylum seeker.

The billionaire, whose personal X account has 196 million users, engaged in disputes with British politicians after sharing inflammatory posts and claiming a "civil war is inevitable" in the country.

Non-EU member Britain will soon be able to implement a similar law to the DSA with enforcement expected to start next year.

(A.Lehmann--BBZ)