Elon Musk’s social media platform, X, has been fined €120m (£105m) after it was found in breach of new EU digital laws, in a high-stakes ruling likely to put the European Commission on a collision course with the US billionaire and potentially Donald Trump.

The breaches, under consideration for two years, included what the EU said was a “deceptive” blue tick verification badge given to users and the lack of transparency of its advertising.

The commission rules require tech companies to provide a public list of advertisers to ensure the company’s structures guard against illegal scams, fake advertisements and coordinated campaigns in the context of political elections.

In a third breach, the EU also concluded that X had failed to provide the required access to public data available t

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