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The UK and EU today formally announced competition investigations into Faceb kвЂ™s dating and classifieds companies, in a co-ordinated attack on the social networkвЂ™s usage of consumer information to assist it take over in core areas such as for example electronic marketing.
The UK and European Commission have taken a similar approach to cracking down on the dominance of Big Tech since the latterвЂ™s Competition and Markets Authority became a regulator in its own right in January as Kate Beioley in London and Javier Espinoza in Brussels report.
The CMA stated it absolutely was investigating whether Twitter could be вЂњabusing a position that is dominant the social media marketing or electronic marketing areas through its collection and use of marketing dataвЂќ. Individually, Brussels stated it absolutely was starting an official antitrust research to evaluate whether Twitter violated EU law вЂњby making use of advertising information collected in specific from advertisers so that you can contend with them in markets where Faceb k is active such as categorized adsвЂќ.
Regulators within the EU additionally state the probe can l k into whether Faceb k ties its online categorized adverts solution вЂњFaceb k MarketplaceвЂќ to its social networking, in breach of EU competition guidelines.
A Faceb k spokesperson stated вЂњMarketplace and offer that is dating more choices and both products run in an extremely competitive environment with several big incumbents.вЂќ
Meanwhile, Dave Lee in San Francisco reports Faceb k has prohibited Donald Trump from the community for at the least 2 yrs.