X Said to Be Unlikely to Fall Under Landmark EU Tech Rules 613m3w

X has said it does not qualify as an important gateway between businesses and consumers in the EU. 102f3n

X Said to Be Unlikely to Fall Under Landmark EU Tech Rules

Photo Credit: Reuters 3v6d2p

X's bigger challenges are with the EU's newly adopted Digital Services Act (DSA)

Highlights
  • X might not be affected by the EU's stringent Digital Markets Act
  • The European Commission began probing X in May
  • X currently faces several DSA investigations in the EU
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Big Tech because it does not meet the rules' gatekeeper criteria, a person with direct knowledge of the matter said on Friday.

The European Commission in May opened an investigation into DMA), which imposes a list of dos and don'ts on Big Tech.

X has said it does not qualify as an important gateway between businesses and consumers.

Under the DMA, companies with more than 45 million monthly active s and 75 billion euros ($83 billion) in market capitalisation are classified as gatekeepers. They must make their messaging apps interoperable with rivals and let s decide which apps to pre-install on their devices. They are also not allowed to favour their own services over rivals' or prevent s from removing pre-installed software or apps.

The commission, which had said it would wrap up its investigation within five months, declined to comment.

X's bigger challenges are with the EU's newly adopted DSA), which requires big online platforms to do more to tackle illegal and harmful online content or risk fines of as much as 6% of their global annual turnover.

X is the target of several ongoing DSA investigations.

Bloomberg was first to report on X likely to avoid the EU tech rules.

© Thomson Reuters 2024

(This story has not been edited by NDTV staff and is auto-generated from a syndicated feed.)

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