“Looking at the data in detail”

Is the internet giant Facebook violating EU competition rules through its use of advertising data?

The European Commission now wants to find out when initiating a formal investigation of the company.

“We will look in detail at whether this information gives Facebook an unfair competitive advantage, especially when it comes to the online advertising sector, where people buy and sell goods every day,” said EU Competition Commissioner Margrethe Vestager in a statement.

Also in the UK, the authorities on Friday launched a similar investigation of Facebook. The European Commission now hopes that investigators can work “closely together”.

Source: Nyteknik – Senaste nytt by www.nyteknik.se.

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