Video-sharing app TikTok has committed to permanently withdraw its TikTok Lite rewards program from the EU market, and to stop the roll-out of similar reward functionalities, the European Commission said today (5 August). The commitments were made by TikTok to address concerns raised by the Commission in formal proceedings opened in April under the Digital Services Act (DSA). It is the first settlement that concludes a probe under the DSA – stringent platform rules which took effect in August last year. TikTok, owned by Chinese company ByteDance, was ordered in April by the Commission to suspe…