European Union: Opened European Commission market investigation to assess X’s rebuttal submitted against designation as gatekeeper based on online social networking service X

On 13 May 2024, the European Commission announced that it is opening a market investigation to assess X's rebuttal submitted against the designation as gatekeeper based on online social networking service X. The rebuttal contends that, although X meets the necessary thresholds, it should not be considered a significant gateway between businesses and consumers. The investigation is expected to conclude within five months.