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Will X successfully defend against EU's DSA breach allegations by end of 2024?
3
Resolution / Starting Odds
Yes • 50%
No • 50%
Official announcements from the European Union or legal documents
Story
EU Finds Elon Musk's X in Breach of Digital Services Act, Cites Deceptive Practices, Potential 6% Revenue Fine
Jul 12, 2024, 10:01 AM
The European Union has issued a preliminary finding that Elon Musk's social media platform X, formerly known as Twitter, is in breach of the Digital Services Act (DSA). The EU accuses X of deceptive practices, particularly concerning its blue checkmark system, which is said to deceive users and infringe DSA transparency requirements. EU Commissioner Thierry Breton stated that X has the right to defend itself, but if the EU's view is confirmed, significant changes and fines could be imposed. The potential fine could be as high as 6% of X's revenue. The EU has reportedly issued a final warning to X under the censorship law.
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Similar markets
Yes • 50%
No • 50%
No Breach Confirmed • 25%
Breach Confirmed, No Fines • 25%
Breach Confirmed, Fines Imposed • 25%
Breach Confirmed, Changes Required • 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%
Warning issued • 25%
Fines imposed • 25%
Other penalties • 25%
Yes • 50%
No • 50%
Yes • 50%
No • 50%
No action taken • 25%
Fine imposed • 25%
Changes required without fine • 25%
Other • 25%
Elon Musk • 25%
Linda Yaccarino • 25%
A legal representative • 25%
Other • 25%