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Facebook faces new antitrust investigation

08.04.2020
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Marketplace service is the focus of the latest EU competition investigation

EU investigators have sent have sent a questionnaire to companies affected by Facebook’s classified advertising business, reports the Financial Times. The latest questionnaire is thought to be the third that officials have sent, the paper says, and quotes insiders suggesting that the EU was expecting to charge Facebook formally in the summer. The investigation is examining whether Facebook was distorting the classified advertising market by promoting its free Marketplace service to its 2 billion users.

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A new investigation is examining whether Facebook was distorting the classified advertising market by promoting its free Marketplace service to its 2 billion users.

Theme:
Competition Policy
Region:
Europe
Series:
Regulatory Watch
antitrust, Competition regulation
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