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Tags: Europe | Facebook Investigation

EU Investigates Facebook over Classified Advertising Data

Friday, 04 June 2021 06:00 AM

LONDON (AP) — European Union regulators have opened an antitrust investigation into Facebook to look into whether the company distorts competition in the classified advertising market by using data it collects from rival services.

The EU's executive commission said Friday that it's also looking at whether the way Facebook's embeds its own classified ad service, Marketplace, into the social network, gives it an advantage in reaching customers, in violation of EU competition rules.

The investigation is the latest salvo by EU regulators trying to rein in the dominance of big tech companies and highlights their longstanding concern that the data these online platforms collect from their customers is used to compete against them.

© Copyright 2021 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.


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European Union regulators have opened an antitrust investigation into Facebook to look into whether the company distorts competition in the classified advertising market by using data it collects from rival services. The EU's executive commission said Friday that it's also...
Europe,Facebook Investigation
112
2021-00-04
Friday, 04 June 2021 06:00 AM
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