Urgent.News

What's breaking now, across thousands of outlets.

Finance & Markets

Setback for TikTok as EU Court Adviser Backs Gatekeeper Label

An adviser to Europe’s highest court recommended on Oct. 15 that TikTok lose its challenge to its “gatekeeper” status under landmark EU rules, backing regulators in a closely watched test of the bloc’s efforts to curb Big Tech’s power. The …

Setback for TikTok as EU Court Adviser Backs Gatekeeper Label

Brussels, October 15 - A European Union court adviser has thrown support behind EU regulators in their legal battle against TikTok, regarding the company's classification as a gatekeeper under crucial EU regulations. Advocate General Andrea Biondi of the Court of Justice of the European Union, in a recent opinion, stated that the Court should reject ByteDance's challenge to the Commission's decision designating it as a gatekeeper under the Digital Markets Act.

Judges, who will deliver their verdict in the coming months, typically adhere to four out of five non-binding recommendations. The legal dispute is identified as C-627/24 P Bytedance v Commission.

Written by urgent.news from CNA - Business's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.

This story

This is one outlet's version. Read the fullest account.

Read the original at insurancejournal.com →

More in Finance & Markets

More from Thursday 15 October →