The European Commission on Monday ordered TikTok to submit an assessment of potential health risks related to its new app TikTok Lite within 24 hours or face daily fines. The legally-binding order concerns the new app’s rewards scheme, which allows users to collect points by watching videos and exchange them for things of value, such as Amazon vouchers, according to commission officials. The Chinese-owned company has 24 hours to show how it assessed the addictiveness and mental health risks of the scheme, particularly for children, prior to launch. The EU’s Digital Services Act (DSA) requires …