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Elon Musk of ‘same mind’ with EU over new digital rules and Twitter

US billionaire Elon Musk assured European Internal Market Commissioner Thierry Breton on Monday that he intends to comply with new EU content moderation rules ahead of his impending takeover of Twitter.

Brussels, 10 May 2022 (dpa/MIA) — US billionaire Elon Musk assured European Internal Market Commissioner Thierry Breton on Monday that he intends to comply with new EU content moderation rules ahead of his impending takeover of Twitter.

“I agree with everything you said, really. I think we’re very much at the same mind,” Musk said in a video with Breton published on Twitter in Texas.

Breton met with the Tesla CEO at a factory manufacturing his electric vehicles ahead of EU-US talks to coordinate industry regulations.

Musk’s decision to purchase Twitter has prompted concerns in the EU about regulatory compliance over disinformation and harmful content if the company was taken private by a single owner.

However, Breton has previously said he does not see any enforcement issues even if Twitter was solely in Musk’s hands.

“Any company in the European Union will have to meet our obligations, it’s as simple as that,” he told dpa in an interview in April.

Breton was referring to the recently passed Digital Services Act (DSA), which defines the responsibilities for technology and internet companies and provides for stricter supervision of online platforms.

Those who do not comply with the new rules could face fines of up to 6% of their worldwide annual turnover.

The Twitter board accepted Musk’s bid to purchase the social media platform for $44 billion (€42 billion) in April. The transaction is to be completed by year end, subject to shareholder approval.

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