TikTok’s attempt to stall DMA antitrust rules rejected by EU court
TikTok’s attempt to stall the EU from designating it as a “gatekeeper” — companies with platforms powerful enough that they must follow strict Digital Markets Act (DMA) antitrust rules — has been rejected by a court. Bloomberg reports that the EU’s General Court has dismissed owner ByteDance’s request for an interim measure that would effectively would buy TikTok some more time to implement the regulations, finding that the company “failed to demonstrate the urgency” required.
Although TikTok is appealing the EU’s gatekeeper designation, the bloc still hasn’t reached a final decision yet on the appeal. ByteDance asked for an interim measure in December so it wouldn’t have to comply with the regulations before the EU decided the outcome...