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Piercing the corporate veil

Unlike Google, Meta, Apple and Amazon, which are publicly traded, X is owned solely by Mr. Musk. E.U. regulators are considering using a piece of the law that lets them calculate a fine based on revenue that also includes other companies Mr. Musk privately controls, like his rocket maker, SpaceX. That increases the potential penalty to well over $1 billion, one person said.

Complete, abject, tossers. There’s a point to corporate personhood, a reason for it.

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Grikath
Grikath
7 months ago

What I got from the article is that the EU wants to fine Musk ….gaziiiilions… because X does not want to deploy the censorship the EU wants.

Good luck with that… By all means, make yourself a target for some extreme ridicule.
I might actually revive my X account just for that purpose, and to see what Musk himself has to say about that, if at all…

dcardno
dcardno
7 months ago

Good luck collecting it.

Bloke in North Dorset
Bloke in North Dorset
7 months ago

You’d think the E.U. had enough problems on its plate: tariff wars with Trump, Ukraine/Russia, the German economy tanking and taking the EU with it, the rise in the dreaded right wing parties, immigration causing mayhem, to name a few; without picking a fight with a guy who will obviously be up for it and have the US government and the tech Bros behind him.

Jim
Jim
7 months ago

The EU, not at all like Russia, where the legal system is weaponised against the enemies of the ruling clique………..

Emil
Emil
7 months ago

so if Trump wasn’t right before, now he is…

Pils
Pils
7 months ago

BIND you forgot China – the EU has got them in its sights too China

philip
philip
7 months ago

As the EU army coalition of the willing peacekeeping force mobilises to fight in Ukraine they will depend on Starlink.
prop: one Elon Musk.
To send their satellites into space they will depend on SpaceX
Prop: one Elon Musk.

Do these people think at all?

bobby b
bobby b
7 months ago

Yeah, I’d definitely try to ambush and rob Trump’s best friend.

This’ll end well.

Ottokring
Ottokring
7 months ago

Every day vindicates JD Vance in a new way.

john77
john77
7 months ago

@ philip
I fear the answer is “Yes”: Putin has a goodly (that should be “badly”) number of “sleepers” in the EU bureaucracy, recruited by his colleagues while he was a srving KGB officer.

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