Get App
Download App Scanner
Scan to Download
Advertisement
This Article is From Feb 08, 2019

Germany's Facebook Order Will Be Studied by EU, Vestager Says

(Bloomberg) -- The results of a German probe into Facebook Inc.'s user terms and website tracking will be studied with "great interest" by European Union regulators, EU Competition Commissioner Margrethe Vestager said after a Prague event.

"We study it with the same great interest because of the two legs" of the German decision "both that Facebook is a dominant player in this market but also how they interpret privacy rules," Vestager told Bloomberg News. "I don't think that it can serve as a template" for EU action since the case sits "in the zone between competition law and privacy" and was partly based on German law.

Facebook's Model Attacked by German Antitrust Regulator

While Facebook was fined by the EU for a merger violation, it hasn't been targeted by an antitrust investigation into its behavior. Vestager said recently she'd "take an interest" into leaked Facebook emails that included a threat to cut off data access to a potential rival. She spoke earlier this week about the importance of monitoring data monopolies and internet gatekeepers that can choke off data access to rivals.

To contact the reporters on this story: Aoife White in Brussels at awhite62@bloomberg.net;Lenka Ponikelska in Prague at lponikelska1@bloomberg.net

To contact the editors responsible for this story: Anthony Aarons at aaarons@bloomberg.net, Peter Chapman

©2019 Bloomberg L.P.

Essential Business Intelligence, Continuous LIVE TV, Sharp Market Insights, Practical Personal Finance Advice and Latest Stories — On NDTV Profit.

Newsletters

Update Email
to get newsletters straight to your inbox
⚠️ Add your Email ID to receive Newsletters
Note: You will be signed up automatically after adding email

News for You

Set as Trusted Source
on Google Search