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Leaked: EU To Charge Meta/Facebook Over Secret Agreement With Google [telecom]

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by MoginRubin

While the European Commission announced back in March that they would
investigate Facebook, sources have leaked that it is ready to announce
formal charges, according to Politico and Reuters. Earlier this year,
Executive Vice-President of the EU Commission Margrethe Vestager
stated that an agreement between Google and Meta, called "Jedi Blue,"
targets competing advertisers on the marketplace site and may be an
abuse of power that violates EU antitrust laws. The Commission is
reportedly ready to lay out how Meta allows Facebook to buy up
advertising space, which keeps prices high and choices low for
consumers. Jedi Blue also potentially restricts other companies from
advertising through Meta. The United Kingdom has raised similar
charges against Facebook, and Brussels is investigating the social
media giant over Jedi Blue.

https://www.mondaq.com/article/news/1257362?q=1803232&n=628&tp=14&tlk=10&lk=58

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Leaked: EU To Charge Meta/Facebook Over Secret Agreement With Google  [telecom] Bill Horne <malQRMassimilation@gmail.com> - 2022-12-07 05:36 +0000

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