Loading...
Market
What will be the outcome of the EU's findings against X for breaching the Digital Services Act by end of 2024?
2
Resolution / Starting Odds
No action taken • 25%
Fine imposed • 25%
Changes required without fine • 25%
Other • 25%
Official EU Commission announcements or legal documents
Story
EU Finds Elon Musk's X in Breach of Digital Services Act Over Blue Checks, Faces 6% Fine
Jul 12, 2024, 10:45 AM
The European Union has issued preliminary findings that Elon Musk's social media platform X is in breach of the Digital Services Act (DSA). The EU Commission has accused X of deceptive practices related to its blue check verification system, which now allows users to pay for verification without actual verification, misleading users. Additionally, X has failed to meet advertising transparency requirements, has not provided data access to researchers, and has used dark patterns. These violations could result in a fine of up to 6% of X's global revenue if confirmed. EU Chief Thierry Breton stated that X has the right to defend itself, but significant changes will be required if the findings are upheld.
View original story
Similar markets
X will face fines • 25%
X will face operational restrictions • 25%
X will comply without penalties • 25%
No significant action taken • 25%
No action taken • 25%
Warning issued • 25%
Fines imposed • 25%
Other penalties • 25%
Fines imposed • 25%
Settlement reached • 25%
No action taken • 25%
Other • 25%
X is fined • 25%
X is required to make operational changes • 25%
X faces a temporary suspension • 25%
No significant action taken • 25%
No action taken • 25%
Fines imposed • 25%
Settlement reached • 25%
Other • 25%
X is fined • 25%
X is cleared • 25%
X is given a warning • 25%
Other • 25%
Yes • 50%
No • 50%
No action taken • 25%
Fined less than 6% of revenue • 25%
Fined 6% of revenue • 25%
Significant operational changes mandated • 25%
Fine less than 1% of global revenue • 25%
Fine between 1% and 3% of global revenue • 25%
Fine between 3% and 6% of global revenue • 25%
No fine imposed • 25%
No action taken • 25%
Fines imposed • 25%
Compliance order issued • 25%
Other • 25%