0
General

Facebook to face in-depth investigation over Kustomer acquisition in EU

Tuesday 3 August 2021 | 10:20 CET | News
The European Commission has opened an in-depth investigation into Facebook's proposed acquisition of Kustomer. The Commission said it was concerned the takeover could reduce competition in the market for CRM software and further strengthen Facebook's dominant position in the online display advertising market. 

Thank you for visiting Telecompaper

Sign up below to get access to the rest of this article and all the telecom news you need.

  • Register free and gain access to even more articles from Telecompaper. Register here
  • Subscribe and get unlimited access to Telecompaper’s full coverage, with a customised choice of news, commentary, research and alerts.

Subscriptions

Already registered?



Categories: General
Companies: European Commission / Facebook
Countries: Europe / World
::: add a comment

Add comment

Please login or register to leave a comment.

We welcome comments that add value to the discussion. We attempt to block comments that use offensive language or appear to be spam, and our editors frequently review the comments to ensure they are appropriate. If you see a comment that you believe is inappropriate to the discussion, you can bring it to our attention by using the report abuse links. As the comments are written and submitted by visitors of the Telecompaper website, they in no way represent the opinion of Telecompaper.


Related

Facebook developing machine learning chips - report

Published 10 Sep 2021 11:58 CET | World
Facebook is developing a chip that would power machine learning for tasks such as recommending content to users, The Information ...

EC gaat overname Kustomer door Facebook onderzoeken

Published 03 Aug 2021 14:22 CET | Europe
De Europese Commissie heeft een diepgaand onderzoek geopend naar de voorgenomen overname van Kustomer door Facebook. De Commissie ...

German Cartel Office examines Kustomer acquisition by Facebook

Published 23 Jul 2021 15:41 CET | Germany
The German Federal Cartel Office Bundeskartellamt has started looking at the planned acquisition of the start-up Kustomer by ...

Facebook to face EU competition investigation into Kustomer acquisition

Published 12 May 2021 13:12 CET | Europe
Facebook will need to await clearance from EU competition authorities before it can complete its acquisition of Kustomer. The ...

Facebook acquires Kustomer CRM platform

Published 01 Dec 2020 08:31 CET | World
Facebook said it reached an agreement to acquire Kustomer, an omnichannel CRM platform that enables businesses to manage customer ...