Twitter violating EU rules by failing to display accurate pricing, agency says

Twitter’s pA remium-service has been accused by the European Union of breaking EU rules. This could be a problem for Elon Musk’s plans to make the platform financially viable.

Regional regulators have found that Twitter Blue, Musk’s premium service for Twitter, does not immediately disclose its total cost to consumers. The app didn’t include any details about value-added taxes, which is a European sales and use tax that can differ depending on the country. On average, there is a 19% to 21% tax added on top of the initial price.

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Failure to provide details about the value-added taxes, or VAT, breaches the EU’s laws “unfair business-to-consumer commercial practices” Directive, said a spokesperson for the European Consumer Centre Insider.

ECC is an international network of organisations that provide advice to consumers. However, it does not have any enforcement powers that can penalize companies. Because the rules vary from one country to another, it is up to local legislators to enforce them. The United Kingdom requires that 20% of the value-added tax be included in advertising prices.

“When advertising the pricing, Twitter should state the final VAT-inclusive price,” According to the spokesperson.

Musk fired thousands in November and left several critical offices with no staff for months. After Musk asked employees to sign up to work for him, staffing problems were worsened. “hardcore” Tweet or to resign with perks In response, hundreds of staff members left. Since then, many more have been fired. Musk dismissed at least one employee when he learned that his popularity was declining.

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Musk has been trying to control the situation and has looked for new revenue streams. The company has updated its advertising policy to permit marijuana advertisers to place ads on Twitter in limited circumstances.

Twitter didn’t respond to any requests for comment. Washington Examiner. Musk fired its media relations staff.