The European Commission has determined that additional regulations on interoperability and data access aimed at promoting competition.

The commission said Wednesday“Today, the Commission found that X’s online social networking service should not be designated as a core platform service under the Digital Markets Act (AMD).

This decision follows an in-depth market study launched on May 13, 2024 following the notification by X of his status as a potential guardian.

The EU Digital Markets Act requires platforms identified as gatekeepers to enable third-party services to interact, provide data access to business users and offer advertising performance metrics for independent review. Alongside the notification, quantitative thresholds set in the DMA. .

After a thorough evaluation of all arguments, including contributions from relevant stakeholders, and after consulting the Digital Markets Advisory Committee, the Commission concluded that the platform could indeed not be considered a gatekeeper in respect of concerns its online social networking service, as the investigation revealed that X is not an important gateway for business users to reach end users.

The platform has 105 million monthly active users in Europe, a drop of 12 million since August 2023. The decline in usage, coupled with challenges with its advertising business, has reduced its relevance in the EU market , where platforms like Meta and TikTok have reached control thresholds. .

The Commission stated that “X is not an important gateway for business users to reach end users”, reflecting its lesser market position. While Elon Musk’s supporters hailed the move as a victory for innovation, the move highlights the platform’s struggle to maintain its competitive position in Europe.

The European Commission will continue to monitor the platform’s market activity and may reassess its classification if circumstances change, although the current decision indicates that the platform is not a dominant player in the region.