TikTok has averted a possible fine from the European Commission by submitting a risk assessment report on its new app, TikTok Lite. The EU executive had given the company 24 hours to provide the report on Monday, expressing concerns about the app’s reward program and its potentially addictive nature for children. The Commission also criticized TikTok for failing to provide a risk assessment report before launching TikTok Lite in Spain and France this month. The Commission is applying its Digital Services Act (DSA), which requires major online companies to take more action to address illegal and harmful content on their platforms or risk fines of up to 6% of their global annual turnover. A TikTok spokesperson confirmed the submission of the report. The company has until Wednesday to present arguments on the reward program. The Commission will then decide whether to temporarily suspend the program until it assesses its safety for children. The Commission has also launched an investigation into TikTok Lite’s launch in France and Spain to determine whether it breached DSA rules.
TikTok Averts EU Fine by Submitting Risk Assessment Report on TikTok Lite
