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Today, we found that X should not be designated as a core platform service under the Digital Markets Act.
We concluded that X does not qualify given that our investigation revealed that X is not an important gateway for business users to reach end users.
We will continue to monitor the developments in the market concerning this service should any substantial changes arise.
More: europa.eu/!7GfFpY
Daily News 16 / 10 / 2024
Commission concludes that online social networking service of X should not be designated under the Digital Markets Act Today, the Commission found that the online social networking service of X shouldEuropean Commission - European Commission
Just in case you don't think you need to pay attention to EU regulations (GDPR, DMA, etc.) Meta is facing a huge fine. You don't want this to happen to your spiffy tech company. Fines can be up to 10 percent of your total global annual revenue. And can be much higher on repeated violations. Get this right from the beginning. This is not a FAFO opportunity.
voanews.com/a/meta-risks-fines…
#EU #GDPR #DMA #Regulations
Meta risks fines over 'pay for privacy' model breaking EU rules
The latest case focuses on Meta's new ad-free subscription model for Facebook and Instagram, which has sparked multiple complaints over privacy concernsAgence France-Presse (Voice of America (VOA News))