📰 Meta Platforms (META) Pushes Back on EU AI Code, Citing Legal Risks and Regulatory Overreach

📅 Jul 18, 2025, 07:28 EDT | 🔗 Source: Dow Jones Newswires

🧠 Summary

Meta Platforms refuses to sign the EU's AI code of practice, citing legal uncertainties and excessive measures beyond the AI Act's scope, signaling regulatory and operational concerns for the company in Europe.

💡 Why this signal?

  • Russia’s new legal restrictions target WhatsApp as part of its digital sovereignty drive, pressuring Meta’s business viability in the country.
  • The extremist designation and existing bans on other Meta platforms intensify regulatory risks and market exclusion for Meta.
  • The expected exit of WhatsApp from Russia will create market opportunities for local competitors such as Telegram and Russia-backed MAX, benefiting rival companies.

📈 META Price Trend

⏱️ Impact Timing
by September 1, as per Putin's deadline
👥 Competitor Impact
  • ➡️ GOOGL: buy
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