Showing posts with label social. Show all posts
Showing posts with label social. Show all posts

20 March

Facebook may face a UK antitrust investigation and possible class action

Antitrust investigations into major tech companies just keep on coming. 

The UK's competition watchdog is preparing to open one against Facebook in the coming months, according to the Financial Times.

The Competition and Markets Authority (CMA) reportedly plans to look into whether Facebook harnesses user data to give itself an advantage over rivals in the social media and online advertising markets. 

The UK may investigate the Marketplace classified ads service, which the European Commission has targeted as well

The timing and the scope of the CMA investigation could change, however.

Facebook declined to comment to Engadget about the report.

Full Report:  Yahoo! Finance