The European Commission said on Tuesday that it was too early to comment on the deal to buy Twitter from Tesla’s strongman Elon Musk, noting that the rules for digital services in the European Union apply to everyone.
“Our Digital Services legislation covers all key platforms to ensure that public debate is subject to democratically established rules and that fundamental rights on the Internet are protected,” Commissioner Johannes Bahrke told a news conference.
Musk reached an agreement with the Board. on Twitter for its $ 44 billion acquisition on Monday, in a transaction that will bring a platform used by tens of millions of people around the world into the hands of the richest man on the planet.
“Whether it is cars or social media, any company operating in Europe has to adapt to our rules – regardless of shareholder structure. Mr Musk is well aware of this,” said Thierry Breton, the EU’s Internal Market Commissioner. “He is aware of European rules in the field of automotive and will quickly adapt to the European Law on Digital Services,” the commissioner concluded.
However, it is too early for the Commission to comment on any monopoly issues regarding Musk’s acquisition of Twitter, the commission spokesman said.
Source: Capital
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