(Updates with Opera's response in the second last paragraph.)
Microsoft's (MSFT) web browser Edge remains exempt from certain European Union rules affecting big tech, according to a court ruling released Wednesday.
The General Court rejected Norwegian browser maker Opera's (OPRA) challenge against EU antitrust regulators' decision to exempt Edge from the rules, saying the web browser was not an important gateway for businesses to reach users even though it met the quantitative criteria set out under the Digital Markets Act.
Gatekeepers are large digital platforms providing so-called core platform services, such as online search engines, app stores and messenger services. Gatekeepers must comply with certain obligations and prohibitions listed in the Act, according to the EU.
"The EU Court has ruled on our challenge to the European Commission's decision not to designate Edge as a gatekeeper, upholding the Commission decision and maintaining the status quo. As such, we do not expect our business to be impacted. It is now up to the Commission to keep these issues in focus and reevaluate where appropriate and based on current facts. We will continue to work for better competition, fair access to innovative browser features and cutting-edge AI tools, and a level playing field. We look forward to engaging with the Commission further on these issues," an Opera spokesperson said in an emailed response to.
Microsoft did not immediately respond to a request for comment from.
Price: $494.65, Change: $-6.37, Percent Change: -1.27%