Will the EU build something like china's great firewall, if twitter doesn't censor enough?
That would then prevent Twitter from charging customers in those geographies (whether those customers are advertisers or users). And given the EU economy is one of the largest in the world, that could seriously impede Twitter's revenue potential.
Not sure how that is supposed to be undemocratic.
Putting on my cynical hat, I could imagine powerful interests using this opportunity to consolidate their power and silence their opposition under the guide of "prevention mis/dis/malinformation" - it's a slippery slope which is easy to abuse if not careful in our approach. This is what I meant by "so much for democracy". I very much hope I'm wrong :)
A powerful monopoly can do the same thing, and you don’t get to vote on their board. Why is that any less dangerous?
Yikes... so much for democracy.
Given that twitter has a large presence in EU, leaving doesn't seem viable so they will probably pay the fine.