Facebook

Facebook Adds Two New Partners Ahead Of FTC Data Hearing

Facebook announced on Thursday, September 3, its users can transfer photos and videos stored on its servers to two new tech platforms, reported Reuters. This is its latest move to address antitrust concerns by giving users an option to easily leave the company’s services. 

The social media company’s new partners are cloud storage firms Dropbox and Koofr – a European Union-based startup. Facebook announced a similar partnership with Alphabet-owned Google Photos in April. 

The feature that allows such transfers is called data portability. It gives users more control over their data and allows the social media company to respond to US regulators and lawmakers who are investigating its competitive practices and allegations it has stifled competition.

Facebook’s move comes ahead of a hearing set up by the Federal Trade Commission on September 22 to examine the potential benefits and challenges of data portability. Control of data that hurts competition has become a critical topic in the antitrust debate in the United States and Europe.

Full Content: Reuters

Want more news? Subscribe to CPI’s free daily newsletter for more headlines and updates on antitrust developments around the world.