The European Union may fine TikTok up to 6% of its turnover.


The European Union is preparing to fine TikTok
According to Financial Times, the European Union plans to impose a fine on the TikTok platform for violating online advertising transparency rules. According to preliminary conclusions of the European Commission, the company did not provide an open library of advertisements as required by the Digital Services Directive. The investigation into this matter has been ongoing for over a year.
If violations are confirmed, TikTok could be subject to a fine of up to 6% of its global turnover. This will be part of a series of investigations being conducted regarding the platform in Europe, particularly in connection with potential interference in the 2024 elections in Romania. Additionally, in May 2025, TikTok received a fine of 530 million euros from the Irish Data Protection Commission for transferring users' personal information to China.
Analysis
The situation with TikTok shows that European regulators are closely monitoring compliance with transparency and data protection rules in online services. This may serve as a warning to other companies about the need to adhere to legislation to avoid serious fines and negative impacts on their reputation.
Read also
- Gas Stations Raise Prices for All Types of Fuel Again: How Much Do Gasoline, Diesel, and Autogas Cost Now
- Ukraine and Mastercard to jointly develop bus transportation
- Italy will help finance humanitarian demining in Ukraine
- 'Marshall Plan' will not be: Ukrainian Ministry of Finance explains how they will rebuild Ukraine
- The dispute between Naftogaz and Gazprom: the international court has put an end
- Land Auctions: Prices Increased 3.3 Times in a Week