Mosseri cited 'complexities with complying with some of the laws coming into effect next year.'
, though he didn't name a specific piece of legislation. The DMA establishes a set of competition rules for the largest digital gatekeepers, including many U.S. tech giants like Meta. Under the rules, digital gatekeepers must not preference their own services on their platforms and must ensure their instant messaging services are functional with those of competitors.
Meta's decision to hold off on launching the platform in the EU is a direct example of how the complexities of new regulation can impact product launches. The company did not immediately respond to a request for comment. Many tech companies have pushed back on the DMA, saying it unfairly targets U.S. firms and could stymie innovation.has worried the legislation could result in "unnecessary privacy and security vulnerabilities" and "prohibit us from charging for intellectual property."
But policymakers in Europe believe new rules of the road are necessary to allow smaller and newer players to flourish in the digital marketplace.
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