Elon Musk’s Tech News – Business standard

By Samuel Stolton

Elon Musk’s social media platform the scope of the bloc’s Digital Markets Act. .

The DMA, which takes effect Thursday, includes a series of do’s and don’ts for Alphabet Inc.’s Google Search, Apple’s Safari, Amazon.com Inc., among others. and Facebook from Meta Platforms Inc. . It could also be applied to Musk’s X, as well as Booking Holdings Inc.’s accommodation platform. and ByteDance Ltd., the European Commission said late Friday.

The DMA is intended to stop competitive violations by technology companies before they take root. It will be applied to companies with a significant impact on the EU market, with more than 45 million monthly active users and 10,000 annual business users.

Under the rules, it will be illegal for certain platforms to favor their own services over those of rivals. They may not combine personal data across their various services, and may not use the data they collect from third-party vendors to compete with them, among other prohibitions and obligations.

The Brussels watchdog has 45 working days to decide whether or not X, Booking.com and ByteDance fall within the scope of the rules.

X, ByteDance and Booking did not immediately respond to a request for comment outside business hours.

ByteDance previously lost a court bid in which it tried to block the application of the rules.

First print: March 2, 2024 | 11:53 PM IST