Overview

• TikTok's parent company ByteDance argued it shouldn't be classified as a digital gatekeeper but lost the case.
• The EU's General Court ruled that TikTok meets the necessary thresholds for the Digital Markets Act.
• The court emphasized TikTok's rapid growth and significant user base within the EU.
• ByteDance has two months to appeal the decision to the European Court of Justice.
• TikTok faces additional scrutiny and potential bans in both the EU and the US.