Tech billionaire Elon Musk’s X platform will not face the EU’s stringent competition rules aimed at keeping digital markets open, the European Commission said on Wednesday.
The landmark European Union law forces the world’s biggest digital firms to comply with a set of requirements for how they should behave including giving users more choices in a bid to challenge their dominance.
The rules known as the Digital Markets Act (DMA) apply to designated “gatekeepers”, which since March have included Google parent Alphabet, Amazon, Apple, TikTok owner ByteDance, Facebook’s Meta and Microsoft.
Online travel agent Booking was added to the list in May.
X had challenged being added to the list, saying that it was not an “important gateway” for businesses to reach consumers. The EU then launched a probe in May into X’s rebuttal.
Now the commission, the EU’s digital watchdog, has “concluded that X does indeed not qualify as …