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Meta and TikTok contest EU tech fees
Meta and TikTok are pushing back against a new EU rule that charges big online platforms a 0.05% fee based on their annual worldwide net income. The fee, part of the Digital Services Act since 2022, is meant to cover the cost of making sure these companies follow EU rules—but both firms say the way it's calculated isn't fair or transparent.
Meta calls it 'absurd;' TikTok points out double-counting issues
At a recent hearing, Meta's lawyer called the fee calculation "completely implausible and absurd," while TikTok's legal team pointed out problems like double-counting users. The EU argues that using group profits makes sense for covering oversight costs. Final decisions on these cases are expected next year, with the outcome likely to shape how tech giants operate in Europe going forward.