The EU Commission opens an investigation into possible anticompetitive conduct by a big tech company in the online classified ads sector (Facebook Marketplace)

Antitrust: Commission opens investigation into possible anticompetitive conduct of Facebook* The European Commission has opened a formal antitrust investigation to assess whether Facebook violated EU competition rules by using advertising data gathered in particular from advertisers in order to compete with them in markets where Facebook is active such as classified ads. The formal investigation will also assess whether Facebook ties its online classified ads service “Facebook Marketplace” to its social network, in breach of EU competition rules. Executive Vice-President Margrethe Vestager, in charge of competition policy, said: “Facebook is used by almost 3 billion people on a monthly basis and almost 7 million firms advertise on Facebook in total. Facebook collects vast troves of

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European Commission, The EU Commission opens an investigation into possible anticompetitive conduct by a big tech company in the online classified ads sector (Facebook Marketplace), 4 June 2021, e-Competitions June 2021, Art. N° 101046

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