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EU antitrust regulators probing Facebook's online marketplace - report

Friday 1 November 2019 | 09:27 CET | News
The European Union's antitrust regulators have begun investigating the possibility that Facebook's online marketplace is unfair to competitors in the online classified advertising sector, according to a questionnaire seen by Reuters. Facebook Marketplace was launched in 2016 and is currently used by over one in three Facebook users in the US to buy and sell items. The probe responds to complaints submitted to the European Commission from classified ads rivals concerned that Facebook has used its market power to give it an unfair competitive advantage, said the report.

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Categories: Internet
Companies: European Commission / Facebook
Countries: Europe
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