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Wednesday, March 2, 2016

Facebook’s being investigated for operating as a cartel

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Facebook has a very uneasy relationship with regulators in Germany and now the company is being investigated for abusing its power over user data, which may mean it’s breaking local data protection or monopoly laws. The Bundeskartellamt (Federal Cartel Office) says it is working closely with relevant bodies within the European Union, which means the consequences could reach right across the region if it is found to be abusing its position. “For advertising-financed internet services such as Facebook, user data is hugely important,” the national competition watchdog’s president Andreas Mundt said in a statement. “For this reason it is essential to also examine under…

This story continues at The Next Web


from The Next Web http://ift.tt/21CESlH

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