Legal Scrutiny Threatens X and Tech Giants in the European Union
“X,” a company affiliated with Elon Musk,
is undergoing a detailed analysis under the framework of the European law for digital markets,
which also encompasses tech giants like Google, Safari, Amazon, and Facebook.
This law aims to combat competition violations committed by these companies.
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X and other targeted companies may face new regulations in the European Union,
as they informed regulatory authorities of their compliance with the Digital Markets Act.
The enforcement of this law is expected to commence next Thursday,
covering several companies, including Google Search, Safari, Amazon.com, and the Facebook platform.
Possible regulations for X and other targeted companies include preventing favoritism towards their own services over competitors,
prohibiting the integration of personal data across their various services,
and restricting the use of data collected from external merchants for competitive purposes.
These measures are part of a law designed to address competition violations by technology companies,
applying to those with significant influence in the European Union market,
serving over 45 million active users monthly and 10,000 commercial users annually.
The regulatory authority in Brussels will assess the application of these rules on X,
Booking.com, and ByteDance within a 45-working-day period.
The concerned companies have not yet responded to requests for comments outside working hours.
ByteDance previously lost a legal case attempting to halt the implementation of the new rules.”
Legal Scrutiny Threatens X and Tech Giants in the European Union