Meta and TikTok challenge EU's content policing fee

Meta and TikTok's parent company, ByteDance, are contesting the European Union's supervisory fees under the Digital Services Act, which mandates platforms with over 45 million users to contribute to regulatory costs. They argue the fee distribution is unfair, especially highlighting that companies recording losses are exempt, potentially leading to a disproportionate financial burden on profitable entities.

Source: Politico

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