TikTok Appeals to EU Court to Overturn Gatekeeper Designation
Written by Emily J. Thompson, Senior Investment Analyst
Updated: May 12 2026
0mins
TikTok is making a final appeal to the Court of Justice of the European Union to overturn its designation as a gatekeeper under the EU's Digital Markets Act, a case that could shape how aggressively Europe regulates large technology platforms, Reuters' Foo Yun Chee reports. TikTok was designated a gatekeeper September 2023, joining other companies with more than 45M monthly users, including Google (GOOGL), Meta (META), Apple (AAPL), Microsoft (MSFT), Amazon (AMZN), and Booking.com (BKNG).
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Analyst Views on ORCL
Wall Street analysts forecast ORCL stock price to rise
34 Analyst Rating
25 Buy
9 Hold
0 Sell
Moderate Buy
Current: 203.700
Low
180.00
Averages
309.59
High
400.00
Current: 203.700
Low
180.00
Averages
309.59
High
400.00
About ORCL
Oracle Corporation offers integrated suites of applications plus secure, autonomous infrastructure in the Oracle Cloud. The Company operates through three businesses: cloud and license, hardware and service. Its cloud and license business is engaged in the sale, marketing and delivery of its enterprise applications and infrastructure technologies through cloud and on-premise deployment models including its cloud services and license support offerings, and its cloud license and on-premise license offerings. Its hardware business provides infrastructure technologies including Oracle Engineered Systems, servers, storage, industry-specific hardware, operating systems, virtualization, management and other hardware-related software to support diverse IT environments. Its services business provides services to customers and partners to help maximize the performance of their investments in Oracle applications and infrastructure technologies.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
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See More
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- Resource Allocation Shift: Leadership teams are reassessing the relationship between AI spending and employee numbers, with many companies potentially sacrificing future headcount growth in pursuit of AI efficiency, impacting overall operational strategies.
- Tech vs. Cost Comparison: For the first time, the cost of AI technology is on par with human labor, compelling companies to make difficult choices between tech investments and workforce resources, a situation unprecedented in history that could lead to fundamental changes in business operations.
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