Meta, TikTok win challenge against EU tech fees in setback for EU regulators
Meta Platforms and TikTok on Wednesday won their legal fight against a European Union supervisory fee imposed on them under landmark tech rules, after Europe’s second-highest court faulted EU regulators on the way they calculated the levy.
Meta and ByteDance’s TikTok sued the European Commission after they were hit with a supervisory fee of 0.05% of their annual worldwide net income to cover the EU executive’s cost of monitoring their compliance with the Digital Services Act.
