European billionaire Bernard Arnault's media group has filed a lawsuit against the X platform

2024-11-13 18:15:58

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ChainCatcher news, according to Forbes, several mainstream media groups in France, including "Les Echos" and "Le Parisien" owned by Europe's richest man Bernard Arnault, announced on November 13, 2024, that they are filing a joint lawsuit against the X platform. The media groups accuse the X platform of violating the EU "neighboring rights" directive by using their news content without payment.

Previously, AFP also filed a similar lawsuit against X, with a court hearing scheduled for May 15, 2025. Notably, this will be the first legal confrontation between Arnault, worth $164 billion, and the current world's richest man, Elon Musk, worth $319 billion.

The Paris court had requested X on May 24 to provide commercial data within two months to assess its revenue generated from media content, but X has yet to comply with this decision.

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