Finance

US official denounces EU's fine of Musk's X, says Europe is taxing Americans

Published by Global Banking & Finance Review

Posted on December 8, 2025

1 min read

· Last updated: January 20, 2026

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US official denounces EU's fine of Musk's X, says Europe is taxing Americans
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(Refiles to add story identifier for some readers, no change to content of story) WASHINGTON, Dec 5 (Reuters) - The chairman of the U.S. Federal Communications Commission denounced the EU's fine of

FCC Criticizes EU's Fine on Musk's X as Unfair Taxation

(Refiles to add story identifier for some readers, no change to content of story)

WASHINGTON, Dec 5 (Reuters) - The chairman of the U.S. Federal Communications Commission denounced the EU's fine of Elon Musk's social media company X on Friday for breaching EU online content rules.

"Once again, Europe is fining a successful U.S. tech company for being a successful U.S. tech company," FCC Chairman Brendan Carr said in an X post. "Europe is taxing Americans to subsidize a continent held back by Europe’s own suffocating regulations."

(Reporting by Katharine Jackson and Doina Chiacu; editing by Susan Heavey)

Key Takeaways

  • FCC Chairman criticizes EU's fine on Musk's X.
  • Europe accused of taxing successful US tech firms.
  • EU regulations seen as restrictive by US officials.
  • Brendan Carr's comments spark debate.
  • Implications for US-EU tech relations.

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