SUBSCRIBE TO OUR FREE NEWSLETTER
Daily news & progressive opinion—funded by the people, not the corporations—delivered straight to your inbox.
5
#000000
#FFFFFF
To donate by check, phone, or other method, see our More Ways to Give page.
Daily news & progressive opinion—funded by the people, not the corporations—delivered straight to your inbox.
European regulators on Friday announced two separate antitrust investigations into Facebook regarding its use of advertising data.
The probes, one from the European Commission and the other from the U.K.'s Competition and Markets Authority (CMA), come amid sustained scrutiny over the breadth and impact of the social media giant's data collection practices.
European Commission regulators will focus on Facebook's "advertising data gathered in particular from advertisers in order to compete with them in markets where Facebook is active such as classified ads."
Further assessment will be given to "whether Facebook ties its online classified ads service 'Facebook Marketplace' to its social network, in breach of EU competition rules," the commissions said.
CMA's probe will also consider possible unfair advantage Facebook gained from ad data to the benefit of Facebook Marketplace, as well as its dating profile service Facebook Dating.
The authorities said they would "work closely" with each other on the investigations.
Margrethe Vestager, the European Commission's executive vice president in charge of competition policy, addressed the scope of the social media platform's reach.
"Facebook is used by almost 3 billion people on a monthly basis and almost 7 million firms advertise on Facebook in total," she said in a statement. Vestager added that the company "collects vast troves of data on the activities of users of its social network and beyond, enabling it to target specific customer groups."
"We will look in detail at whether this data gives Facebook an undue competitive advantage in particular on the online classified ads sector, where people buy and sell goods every day," said Vestager, "and where Facebook also competes with companies from which it collects data."
The inquiries add to "the regulatory challenges Facebook is facing around the world," as the New York Timesnoted, pointing to the U.S. Federal Trade Commission's lawsuit in December targeting the company's anti-competitive practices, as well as charges from German and Australian regulators.
In March, a global coalition kicked off a campaign to ban "surveillance advertising"--a practice they say is "the core profit-driver for gatekeepers like Facebook and Google" and that is "undermining democracy."
"These dominant firms curate the content each person sees on their platforms using those dossiers," the groups said, "not just the ads, but newsfeeds, recommendations, trends, and so forth--to keep each user hooked, so they can be served more ads and mined for more data."
Political revenge. Mass deportations. Project 2025. Unfathomable corruption. Attacks on Social Security, Medicare, and Medicaid. Pardons for insurrectionists. An all-out assault on democracy. Republicans in Congress are scrambling to give Trump broad new powers to strip the tax-exempt status of any nonprofit he doesn’t like by declaring it a “terrorist-supporting organization.” Trump has already begun filing lawsuits against news outlets that criticize him. At Common Dreams, we won’t back down, but we must get ready for whatever Trump and his thugs throw at us. Our Year-End campaign is our most important fundraiser of the year. As a people-powered nonprofit news outlet, we cover issues the corporate media never will, but we can only continue with our readers’ support. By donating today, please help us fight the dangers of a second Trump presidency. |
European regulators on Friday announced two separate antitrust investigations into Facebook regarding its use of advertising data.
The probes, one from the European Commission and the other from the U.K.'s Competition and Markets Authority (CMA), come amid sustained scrutiny over the breadth and impact of the social media giant's data collection practices.
European Commission regulators will focus on Facebook's "advertising data gathered in particular from advertisers in order to compete with them in markets where Facebook is active such as classified ads."
Further assessment will be given to "whether Facebook ties its online classified ads service 'Facebook Marketplace' to its social network, in breach of EU competition rules," the commissions said.
CMA's probe will also consider possible unfair advantage Facebook gained from ad data to the benefit of Facebook Marketplace, as well as its dating profile service Facebook Dating.
The authorities said they would "work closely" with each other on the investigations.
Margrethe Vestager, the European Commission's executive vice president in charge of competition policy, addressed the scope of the social media platform's reach.
"Facebook is used by almost 3 billion people on a monthly basis and almost 7 million firms advertise on Facebook in total," she said in a statement. Vestager added that the company "collects vast troves of data on the activities of users of its social network and beyond, enabling it to target specific customer groups."
"We will look in detail at whether this data gives Facebook an undue competitive advantage in particular on the online classified ads sector, where people buy and sell goods every day," said Vestager, "and where Facebook also competes with companies from which it collects data."
The inquiries add to "the regulatory challenges Facebook is facing around the world," as the New York Timesnoted, pointing to the U.S. Federal Trade Commission's lawsuit in December targeting the company's anti-competitive practices, as well as charges from German and Australian regulators.
In March, a global coalition kicked off a campaign to ban "surveillance advertising"--a practice they say is "the core profit-driver for gatekeepers like Facebook and Google" and that is "undermining democracy."
"These dominant firms curate the content each person sees on their platforms using those dossiers," the groups said, "not just the ads, but newsfeeds, recommendations, trends, and so forth--to keep each user hooked, so they can be served more ads and mined for more data."
European regulators on Friday announced two separate antitrust investigations into Facebook regarding its use of advertising data.
The probes, one from the European Commission and the other from the U.K.'s Competition and Markets Authority (CMA), come amid sustained scrutiny over the breadth and impact of the social media giant's data collection practices.
European Commission regulators will focus on Facebook's "advertising data gathered in particular from advertisers in order to compete with them in markets where Facebook is active such as classified ads."
Further assessment will be given to "whether Facebook ties its online classified ads service 'Facebook Marketplace' to its social network, in breach of EU competition rules," the commissions said.
CMA's probe will also consider possible unfair advantage Facebook gained from ad data to the benefit of Facebook Marketplace, as well as its dating profile service Facebook Dating.
The authorities said they would "work closely" with each other on the investigations.
Margrethe Vestager, the European Commission's executive vice president in charge of competition policy, addressed the scope of the social media platform's reach.
"Facebook is used by almost 3 billion people on a monthly basis and almost 7 million firms advertise on Facebook in total," she said in a statement. Vestager added that the company "collects vast troves of data on the activities of users of its social network and beyond, enabling it to target specific customer groups."
"We will look in detail at whether this data gives Facebook an undue competitive advantage in particular on the online classified ads sector, where people buy and sell goods every day," said Vestager, "and where Facebook also competes with companies from which it collects data."
The inquiries add to "the regulatory challenges Facebook is facing around the world," as the New York Timesnoted, pointing to the U.S. Federal Trade Commission's lawsuit in December targeting the company's anti-competitive practices, as well as charges from German and Australian regulators.
In March, a global coalition kicked off a campaign to ban "surveillance advertising"--a practice they say is "the core profit-driver for gatekeepers like Facebook and Google" and that is "undermining democracy."
"These dominant firms curate the content each person sees on their platforms using those dossiers," the groups said, "not just the ads, but newsfeeds, recommendations, trends, and so forth--to keep each user hooked, so they can be served more ads and mined for more data."