Facebook under new investigation by competition authority

Facebook is under investigation in the UK by the competition regulator once again, this time for the social media giant's advertising practices.

The Competition and Markets Authority said on Friday that Facebook may hold an"unfair advantage" due to its dominant market position in the digital advertising space. Facebook might be abusing that dominance, the regulator added, saying it would look into how the company gathers data as part of its investigation.

The CMA will also scrutinise Facebook Login, a service that allows users to sign in to other websites using their Facebook credentials, to see whether it provides an unfair advantage to the company’s separate classified ads business, and its dating business. "We intend to thoroughly investigate Facebook's use of data to assess whether its business practices are giving it an unfair advantage in the online dating and classified ad sectors," said Andrea Coscelli, chief executive of the CMA."Any such advantage can make it harder for competing firms to succeed, including new and smaller businesses, and may reduce customer choice,” Mr Coscelli added.

Hope they drag FB staff along the streets of Menlo Park in California one day , the world will find relief

❤️❤️❤️❤️

About time,their vetting system,is not fair.

Similar to the Amazon thing I guess

They definitely need their nads squeezing.

Apparently they hold an 'Unfair advantage' What's the point of capitalism if you can't even achieve a large market share

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