Posted on Mar 20, 2021
Britain’s competition regulator is set to begin an antitrust investigation into Facebook Inc in the next few months, after similar actions into Google and Apple early this year, the Financial has Times reported.
The Competition and Markets Authority would look into the way Facebook allegedly uses customer data against rivals in social media and online advertising, people close to the matter told FT.
The investigation is also likely to examine Facebook’s status as a so-called gatekeeper for its ability to collect data from users to boost its advantage over rivals.
Facebook is also under fire in the US, where it was sued by the Federal Trade Commission in December for a “years-long course of anti-competitive conduct”. The court said it would seek an injunction from the courts that could force Facebook to unwind previous acquisitions.
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