This regulatory label has not been eliminated, because the General Court of the EU has dismissed ByteDance’s action. Can ByteDance choose to challenge this decision?
TikTok’s gatekeeper: An EU threatening actor?
Thus, the EU judiciary stated that the application popular as TikTok, a site providing videos, needs unceasing and intense scrutiny. Recently the General Court of the European Union dismissed a case filed by ByteDance, the parent company of TikTok through which it sought to contest the application’s gatekeeping role.
Synergy in the framework of the united appliance market in the EU
ByteDance had pitched TikTok to the EU market as an entrant attempting to compete not just in terms of antitrust law’s ability to counter the growth of Reels and Shorts. However, the General Court rejected this presentation: TikTok did succeed in 2018 in its efforts to secure its place, and actually entrenched this position further in the subsequent years even in spite of the competitors’ appearance in the form of Reels and Shorts, and thus, within a relatively short amount of time, achieved the number of users within the European Union that is equal to the half of the combined number of Facebook and Instagram users.” »
Credentials appreciated to be a gatekeeper
The General Court also added that TikTok meets the qualifications required to be a gatekeeper: eu 7 business customers active per year; more than 45 million MAU globally; EU market value is €75 million; more than 10,000 active business customers for the last 3 years.
Next step: This is the Court of Justice We would like to acknowledge that the information provided in this paper was generated with the financial help for Research and Development from the European Union and it is purely an academic paper.
The DMA, which started on March 19, prevents gatekeepers, such as Alphabet, Meta, Amazon, and others, from discriminating American companies or require consumers to engage inside the firms’ ecosystem. ByteDance now has a little more than two months to appeal since the CJEU is the high court of the EU union.