European Commission Investigates Meta's Targeted Advertising Tactics

Monday, 1 July 2024, 10:39

The European Commission has initiated a formal investigation into Meta's targeted advertising practices, alleging anticompetitive behavior. The probe focuses on whether Meta has been abusing its dominant market position to stifle competition and harm consumers. If found guilty, Meta could face significant fines and regulatory action, impacting its operations in the European market.
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European Commission Investigates Meta's Targeted Advertising Tactics

EU Launches Probe into Meta for Targeted Advertising Practices

The European Commission has initiated a formal investigation into Meta's targeted advertising practices, alleging anticompetitive behavior.

Anticompetitive Allegations

  • Abuse of Dominant Market Position: The probe focuses on whether Meta has been abusing its dominant market position to stifle competition and harm consumers.

Regulatory Implications

  • Significant Fines: If found guilty, Meta could face significant fines and regulatory action.

These developments may have a profound impact on Meta's operations in the European market and the broader digital advertising industry.


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