TikTok Loses in First Challenge to EU’s Big Tech Crackdown
- TikTok attempt to avoid EU’s Digital Markets Act is dismissed
- Chinese-owned social media giant also risks ban in the US
Judges said in a ruling on Wednesday that TikTok met the necessary thresholds to be brought under the scope of the Digital Markets Act.
Photographer: Bing Guan/BloombergThis article is for subscribers only.
TikTok lost the first legal challenge to the European Union’s crackdown on Big Tech, after judges said the Chinese social media platform can’t escape a new law reining in the likes of Google and Apple Inc.
The EU’s General Court said TikTok parent ByteDance Ltd. is powerful enough to be covered by the bloc’s landmark Digital Markets Act, which took effect in March. The decision can be appealed to the bloc’s top court, the European Court of Justice.