Facebook hit with new antitrust probes within the UK and EU

In this photograph illustration, the Facebook emblem is seen on a smartphone display screen with the EU flag within the background.

Chukrut Budrul | SOPA Images | LightRocket through Getty Images

Regulators within the U.Okay. and the EU launched formal competitors investigations into Facebook on Friday.

The U.Okay. Competition and Markets Authority mentioned it’s investigating whether or not Facebook is abusing a dominant place within the social media or digital promoting markets.

This is a breaking information story, please test again later for extra.

Source link