Today the European Commission designated, under the Digital Markets Act, Booking as a pillar in relation to the online mediation service Booking.com, while it decided not to designate X Ads and TikTok Ads as pillars. In parallel, the Commission launched a market investigation to assess the rebuttal submitted for the online social networking service X. Today's decisions follow the review process carried out by the Commission after receiving on 1 March 2024 the notifications of the three companies regarding the possible their status as pyloric. Based on a self-assessment, submitted by Booking on 1 March 2024, according to which it meets the relevant thresholds, the Commission found that this core platform service is an important gateway between businesses and consumers. In parallel, the Commission launched a market investigation to assess the rebuttal submitted on 1 March 2024 for the social networking service X. According to it, although X meets the thresholds, X does not […]
Source: News Beast
With 6 years of experience, I bring to the table captivating and informative writing in the world news category. My expertise covers a range of industries, including tourism, technology, forex and stocks. From brief social media posts to in-depth articles, I am dedicated to creating compelling content for various platforms.
