US hits out at EU's 'suffocating regulations' after it fines Elon Musk's X

AI Summary
The EU has fined Elon Musk's social media platform X €120 million due to concerns that its blue check mark verification system deceives users and exposes them to scams. The European Commission stated that X is not meaningfully verifying the identity of accounts with paid blue ticks. US officials, including Secretary of State Marco Rubio and FCC chair Brendan Carr, have criticized the EU's action, accusing it of unfairly targeting a US tech company and stifling free speech. They argue that the EU's regulations are suffocating and that the fine is an attack on American tech platforms. The EU also cited X's lack of transparency regarding advertising and limited data access for researchers as contributing factors to the fine.
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