Facebook faces huge fines and changes to business in antitrust probe

  • 📰 NBCNews
  • ⏱ Reading Time:
  • 13 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 8%
  • Publisher: 86%

United States News News

United States United States Latest News,United States United States Headlines

Facebook's marketplace investigated for antitrust violations by the EU and the UK.

The opening of European Competition Commissioner Margrethe Vestager's first antitrust probe into the world's largest social network marks her latest fight with one of the U.S. tech giants.

Vestager will zoom in on Facebook's vast trove of data from the near 7 million companies that advertize on Facebook. "In today's digital economy, data should not be used in ways that distort competition," Vestager said.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 10. in US

United States United States Latest News, United States United States Headlines