Future Tech

Eu antitrust regulators to investige Facebook's Marketplace

Tan KW
Publish date: Fri, 04 Jun 2021, 07:56 PM
Tan KW
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Future Tech

BRUSSELS - EU antitrust regulators opened on Fridan an investigation into Facebook's marketplace to see whether the world's largest social network breaches EU rules by using advertising data from advertisers to compete with them in classified ads.

Facebook says it will cooperate fully with both the EU and UK investigations "to demonstrate that they are without merit".

Facebook says its "Marketplace and dating offer people more choices, both products operate in highly competitive environment with many large incumbents".

 


  - Reuters

 

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