X fined €120M by EU for breaching DSA transparency rules

The European Commission (EC) has issued a fine of €120 million (USD 140 million / INR 1,257 crore) to X social media for breaching its transparency obligations under the Digital Services Act (DSA). The EU accuses X of misleading users with the ‘blue checkmark’ for ‘verified accounts,’ without the company doing any sort of verification, the lack of transparency of its advertising repository, and the failure to provide access to public data for researchers.

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