Facebook may face action from Germany’s antitrust watchdog. According to Reuters, the German antitrust watchdog is planning to order Facebook to stop gathering “some” user data.
The Federal Cartel Office, which is Germany’s national competition regulator, has been investigating Facebook for the last 4 years. The office is accusing Facebook of using its market dominance to collect data from its users without their knowledge or consent.
Now, the Federal Cartel Office says it will present its findings to Facebook and recommend a course of action. Facebook, however, is disputing the findings of the watchdog, Reuters reported.
According to Reuters, a Facebook spokeswoman said the company disputes the watchdog’s findings and will continue to defend this position.
The investigation is being closely watched amid mounting concerns over data leaks on tens of millions of Facebook users, as well as the use of social media by foreign powers seeking to influence elections in the United States.
Full Content: Reuters
Want more news? Subscribe to CPI’s free daily newsletter for more headlines and updates on antitrust developments around the world.
Featured News
FTC Urged to Enforce Rarely Used Antitrust Law Against Retail Giants
Mar 28, 2024 by
CPI
UK’s Fingleton Bolsters Team with New Additions
Mar 28, 2024 by
CPI
Britain’s Competition Regulator Clears Aviva’s Acquisition of AIG Life UK
Mar 28, 2024 by
CPI
White House Implements New AI Safeguards to Protect Rights and Safety
Mar 28, 2024 by
CPI
Denver Court Sets August Date for Kroger-Albertsons Merger Showdown
Mar 28, 2024 by
CPI
Antitrust Mix by CPI
Antitrust Chronicle® – Real Estate & Antitrust
Mar 27, 2024 by
CPI
Systematic National Evidence of Steering by Real Estate Agents
Mar 27, 2024 by
CPI
Compliance Now! Actionable Antitrust Advice for the Residential Real Estate Industry
Mar 27, 2024 by
CPI
Real Estate Commissions: Some Insights from the Economics of Multi-Sided Platforms
Mar 27, 2024 by
CPI
New Ideas for Promoting Real Estate Brokerage Price Competition
Mar 27, 2024 by
CPI