European Union regulators have opened an antitrust investigation into Facebook to look into whether or not the corporate distorts competitors within the categorized promoting market through the use of information it collects from rival providers. The EU’s government fee mentioned Friday that it’s additionally whether or not the way in which Facebook’s embeds its personal categorized advert service, Marketplace, into the social community, offers it a bonus in reaching clients, in violation of EU competitors guidelines.
The investigation is the most recent salvo by EU regulators making an attempt to rein within the dominance of massive tech firms and highlights their longstanding concern that the info these on-line platforms accumulate from their clients is used to compete in opposition to them.
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