Business
UK and EU investigate Facebook over unfair use of data in digital advertising – The Guardian
Joint inquiry to consider if Facebook stifles competition on Marketplace and Dating platforms
UK and EU regulators are investigating Facebook over whether it is abusing its dominance in digital advertising.
It marks the first time the regulators have coordinated on a major inquiry since Brexit, and strikes at the core of Facebooks revenues, which rely heavily on selling advertising on its platform.
The investigation will consider whether the social media giant has unfairly used its vast trove of data to help Facebook Marketplace a classified ad platform where individuals and businesses buy…
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