Business
EU says Bluesky is violating information disclosure rules
Published by Jessica Weisman-Pitts
Posted on November 25, 2024
1 min readLast updated: January 28, 2026
Global Banking & Finance Review®
Company
Published by Jessica Weisman-Pitts
Posted on November 25, 2024
1 min readLast updated: January 28, 2026
BRUSSELS (Reuters) – Bluesky, the rapidly growing social media platform, is violating EU regulations by failing to disclose important details, a European Commission spokesperson told reporters during a daily briefing on Monday.
“All platforms in the EU even the smallest ones which are below the threshold, which is the case for Bluesky, have to have a dedicated page on their website where it says how many user numbers they have in the EU and where they are legally established. This is not the case for Bluesky as of today,” the spokesperson said.
He also stated that since Bluesky falls below the threshold and is not classified as a Very Large Platform under the EU’s Digital Services Act, the commission has not yet reached out to the company. Instead, it has contacted the 27 national governments to check “if they can find any trace of Bluesky.”
Bluesky did not immediately respond to an emailed request for comment.
(Reporting by Charlotte Van Campenhout, Editing by Louise Heavens)
Compliance refers to the process of ensuring that a company adheres to laws, regulations, and internal policies. It is crucial for maintaining legal standards and avoiding penalties.
The Digital Services Act is a legislative framework established by the European Union aimed at regulating digital services and platforms to ensure user safety and accountability.
The European Commission is the executive branch of the European Union responsible for proposing legislation, implementing decisions, and managing the day-to-day operations of the EU.
A social media platform is an online service that allows users to create, share, and interact with content and other users. Examples include Facebook, Twitter, and Instagram.
Financial stability refers to a condition where the financial system operates effectively, with institutions able to withstand economic shocks, ensuring confidence in the economy.
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