The European Commission and the U.K.’s Competition and Markets Authority are investigating whether Facebook uses data from users who buy ads on its platform to unfairly compete against them in Facebook Marketplace and Facebook Dating. The investigations are separate, but the regulators plan to cooperate. A Facebook spokesperson said the company will cooperate with the investigations, noting that its Marketplace and Dating services “operate in a highly competitive environment with many large incumbents.” (Reuters)
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The European Commission and the U.K.’s Competition and Markets Authority are investigating whether Facebook uses data from users who buy ads on its platform to unfairly compete against them in Facebook Marketplace and Facebook Dating. The investigations are separate, but the regulators plan to cooperate. A Facebook spokesperson said the company will cooperate with the investigations, noting that its Marketplace and Dating services “operate in a highly competitive environment with many large incumbents.” (Reuters)
Talking point: The investigations are the latest in a series of probes into tech giants’ dominance by European regulators. European Competition Commissioner Margrethe Vestager has issued more than US$9.7 billion in fines to Alphabet, and is investigating Amazon and Apple; the U.K. regulator is also examining Google and Apple. In Germany, Facebook is embroiled in a court battle dating back to 2019, when the Federal Cartel Office (FCO) ordered it to stop collecting data on users without their consent. The FCO announced Friday it’s looking into Alphabet’s Google News Showcase business to possibly investigate whether the news-distribution platform is “crowding out” competition from publishers or other news providers.
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