Technology

59569 readers

3825 users here now

This is a most excellent place for technology news and articles.

Our Rules

Follow the lemmy.world rules.
Only tech related content.
Be excellent to each another!
Mod approved content bots can post up to 10 articles per day.
Threads asking for personal tech support may be deleted.
Politics threads may be removed.
No memes allowed as posts, OK to post as comments.
Only approved bots from the list below, to ask if your bot can be added please contact us.
Check for duplicates before posting, duplicates may be removed

Approved Bots

founded 1 year ago

MODERATORS

251

Chinese firm ByteDance, which owns TikTok, has lost its appeal against a European Union decision to designate the company a digital "gatekeeper" (www.dw.com)

submitted 4 months ago by 0x815@feddit.org to c/technology@lemmy.world

11 comments fedilink hide all child comments

cross-posted from: https://feddit.org/post/889819

The EU General Court in Luxembourg ruled that the designation was warranted under the European Union's new Digital Markets Act (DMA) because short video app TikTok exceeded relevant thresholds including global market value and the number of EU users.

Labeled companies are prevented from forcing users in the bloc to consent to have access to a service or certain functionalities.

ByteDance had argued that its global market value largely came from China, rather than the EU.

It also said TikTok does not operate an exponential user expansion model and that it was acting as a "challenger" to digital monopolies operated by established platforms such as Meta, which owns Facebook and Instagram, and Alphabet, which owns Google. Both companies are also designated as "gatekeepers."

But the EU General Court rejected those arguments, finding that TikTok could no longer be considered a "challenger" on the market, unlike when it joined back in 2018.

The judges concluded that TikTok had "succeeded in increasing its number of users very rapidly and exponentially" since then, and that its large number of European users does indeed contribute to its global market value.

you are viewing a single comment's thread
view the rest of the comments

[–] wewbull@feddit.uk 32 points 4 months ago (1 children)

and that it was acting as a "challenger" to digital monopolies operated by established platforms such as Meta,

Did those in the room burst out into laughter at this point?

[–] NutWrench@lemmy.world 17 points 4 months ago

And then they unveiled their, "ByteDance: We're totally not the CCP" logo.

And everyone laughed harder.