have been designated as"very large online platforms" or"very large online search engines" because they reach at least 45 million monthly active users.
Amazon has asked the court to annul its designation as a"very large online platform" under the act, according to a summary of the petition viewed by Insider. "The DSA was designed to address systemic risks posed by very large companies with advertising as their primary revenue and that distribute speech and information," an Amazon spokesperson said in a statement shared with Insider.
"The vast majority of our revenue comes from our retail business, we are not the largest retailer in any of the EU countries where we operate, and none of these largest retailers in each European country has been designated as a VLOP," it added.
Finance Finance Latest News, Finance Finance Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
'Concerning': Zuck trolls Musk on Threads with one-word responses'Concerning': Mark Zuckerberg trolls Elon Musk on Threads with one-word responses, just like the Twitter owner
Source: BusinessInsider - 🏆 729. / 51 Read more »
The dream scenario for the economy is looking more likely by the dayInsider tells the global tech, finance, markets, media, healthcare, and strategy stories you want to know.
Source: BusinessInsider - 🏆 729. / 51 Read more »
Why comedian Sarah Silverman is suing the company behind ChatGPTInsider tells the global tech, finance, markets, media, healthcare, and strategy stories you want to know.
Source: BusinessInsider - 🏆 729. / 51 Read more »
More women are using VR headsets for workouts, one company saysInsider tells the global tech, finance, markets, media, healthcare, and strategy stories you want to know.
Source: BusinessInsider - 🏆 729. / 51 Read more »
Mark Zuckerberg hides his kids' faces on social media. Should you?Insider tells the global tech, finance, markets, media, healthcare, and strategy stories you want to know.
Source: BusinessInsider - 🏆 729. / 51 Read more »