UK Antitrust vs Facebook. Now Zuckerberg has problems on both sides of the ocean
The problems for Facebook are not only coming from the US, as we will see at the end, but they are also growing on this side of the Atlantic Ocean.
On Friday, the FT reported that the UK's Competition and Markets Authority (CMA) is preparing an antitrust investigation on Facebook that will last for the next few months, the latest sign of the fight against some Silicon Valley big names. from Apple and Google earlier this year.
These sources say CMA "would take an in-depth look at how Facebook is likely to use customer data to crush rivals in social media and online advertising."
CMA's potential investigation into Facebook comes as the government agency recently announced inquiries about Apple's App Store rates and Google's privacy settings.
The CMA plans to follow the Facebook investigation of EU antitrust chief Margrethe Vestager, launched in December: "It is a sign that the debate on the dominance of technology has shifted in the last two years," she said. Vestager in favor of these latest investigations on the Manlo Park colossus.
Andrea Coscelli, chief executive of the CMA, has vowed to confront Facebook and other big tech companies with a series of antitrust cases. He will work with lawmakers in Brussels to fight big tech. The heart of the investigation will be on the use of advertising on the digital platform.
Meanwhile, in the United States, virtually every state has an active antitrust lawsuit against Facebook. Earlier this month, the company asked a federal judge to dismiss major antitrust lawsuits, arguing that its "innovative free products deliver value" to users, adding that there is no evidence of anti-competitive behavior. It will not take long to know the orientation of the judges on the matter and therefore to know if FB should be “Broken” and how.
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The UK Antitrust article against Facebook. Now Zuckerberg has problems on both sides of the ocean comes from ScenariEconomici.it .
This is a machine translation of a post published on Scenari Economici at the URL https://scenarieconomici.it/antitrust-uk-contro-facebook-ora-zuckerberg-ha-problemi-sui-due-lati-delloceano/ on Sun, 21 Mar 2021 14:08:31 +0000.