TikTok Risks Fines as EU Issues Ultimatum Over App Launch
- EU warns TikTok it plans to suspend new app’s rewards program
- Case marks another test of bloc’s new digital content rules
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The European Union opened a new probe Monday into whether ByteDance Ltd. violated the bloc’s new content law when it launched its TikTok Lite app in France and Spain without providing a full risk assessment.
The new app promises to pay users through a points system, which the European Commission said risks creating an addictive effect on users.