A few weeks ago, an additional TikTok application was launched, which allows users to receive money as gifts or tips to their favorite content creators, which is starting to be positive. However, the happiness won’t last forever, and it has recently been removed from the online store, as part of a review that is being done with the company. China.
Through a publication on line European Of the company, it has been noted that they will temporarily withdraw the award application and that they are under investigation for allegedly violating a digital market law.
Statement on TikTok Lite: “TikTok always strives to engage constructively with the EU Commission and other regulators. We are therefore voluntarily suspending the reward functions on TikTok Lite while we have raised their concerns.”
— TikTok Policy Europe (@TikTokPolicyEUR) April 24, 2024
Statement on TikTok Lite: “TikTok always seeks to engage constructively with the EU Commission and other regulators. Hence, we are voluntarily suspending the reward features on TikTok Lite while we have raised their concerns.
As mentioned by European Commission, whether it is a violation of law to publish a rewards program without first assessing the risks involved. The company has more than 45 million active users in the European region and is required to submit risk assessment reports, at least that’s what the company says. Digital Market Act. And if they refuse to do that, it will result in millions of euros in demand, so they don’t want to take the risk for free.
Here is a description tick tock:
It is a social media platform and mobile application that allows users to create and share short videos, usually between 15 and 60 seconds. The app is known for its focus on creativity, entertainment and virality, and has become hugely popular, especially among the youth.