Germany’s Merz on X fine: Obey our laws if you operate in Europe
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The European Union hit Elon Musk's X with a €120 million (S$180 million) fine for violating European transparency rules.
PHOTO: AFP
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- German Chancellor responds to Trump's criticism of a fine on social media platform X.
- Foreign firms, including US companies, must follow German and EU rules.
- Companies can challenge sanctions via legal avenues available to all firms, European and American.
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BERLIN - Foreign companies, including those from the United States, must obey German and EU rules when they operate there, Germany’s chancellor said on Dec 9, responding to US President Donald Trump’s criticism of a fine imposed on social media platform X.
“Just as European and German companies have to follow the rules in America, sometimes facing very draconian punishments, so American companies must accept our rules here, and if they don’t, then there are possiblities for sanctioning them,” Mr Friedrich Merz told reporters.
“There are legal avenues for challenging (those sanctions), and they are available to all companies, European and American,” he added.
Mr Trump described on Dec 8 as “nasty” the €120 million (S$180 million) fine
