Musk’s X Deemed Too Small for EU Crackdown on Big Tech’s Power

Elon Musk’s social media platform X is set to avoid being hit by a landmark European Union law aimed at reining in tech giants after watchdogs decided the platform’s impact on EU markets is too small.

The EU’s executive arm is nearing the end of a probe into the platform previously known as Twitter, and is poised to conclude that it does not fall under its Digital Markets Act, according to people familiar with the matter.