Analysis
Economy & Tech
Ukraine’s Reconstruction: A Second ‘Big Bang’ for European Business?
5 November 2024
Amid mounting regulatory pressure, TikTok braces for a tumultuous year in Europe as the European Union launches investigations into the social media giant’s activities under the Digital Services Act.
2024 will be another challenging year for TikTok and its European operations. On 17 February, the EU Commission announced that it had opened investigations into TikTok’s activities under the Digital Services Act (DSA), the bloc’s recently adopted law governing the conduct of social networks and other online platforms.
The formal proceedings come after months of informal dialogue between the platform and the EU regulator. The investigation of alleged misconduct will focus on breaches of transparency obligations and obligations to protect minors who use the social network.
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