Under the EU Digital Markets Act, platforms like Meta must allow interoperability and grant business users access to their generated data, influencing market dynamics.
X's decline in users and ad revenue highlights its waning relevance in Europe, failing to meet the thresholds of a key player in the EU market.
Elon Musk frames the lack of designation as a win for innovation and free speech, opposing EU regulations while X's influence diminishes in comparison to rivals.
The bottom line is that X's lack of impact on EU markets results in not being held to DMA standards, questioning Musk's management approach.
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