Facebook parent company Meta warned by EU that it is breaching antitrust laws

that it is breaching EU antitrust laws by distorting competition in markets for online classified advertising and abusing its dominant position.

“The claims made by the European Commission are without foundation,” Meta spokesperson Tim Lamb said in a statement. Sources familiar with the matter last month told Reuters the EU antitrust regulators were drawing up charges against Meta over its use of customer data and the tying of its classified advertisements service to its social network.

Canada Canada Latest News, Canada Canada Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

EU reaches agreement on pivotal carbon market deal, European Council saysAt stake was the EU’s ability achieve its target to cut net greenhouse gas emissions by 55% by 2030 compared with 1990 levels EU; verge of collapse Why are you showing pictures of smoke/steam? Carbon dioxide is odourless, colourless and non toxic. We expel it with every breath. It makes plants grow green and healthy. If you want to filter out particulate matter from smoke, that is a different conversation.
Source: globeandmail - 🏆 5. / 92 Read more »