Tag: Facebook
Switzerland: Facebook’s Libra to seek payment license
In Libra-land, the speed bumps, hurdles and possibly even roadblocks continue to spring up. In reference to the regulatory climate, don’t expect it to...
EU: No precedent for Facebook antitrust investigation, says FL AG
Florida Attorney General Ashley Moody said the antitrust probes into Facebook don’t have any common case studies to draw from in deciding how to...
US: Facebook lays out challenges of letting users take their data...
Facebook Inc. has promised regulators that it will protect users’ privacy and give them the right to take their data where they choose. Now...
EU: ECB’s Mersch warns Libra is ‘Facebook’s Siren Call’
Yves Mersch, European Central Bank’s key legal official, said that Facebook’s Libra stablecoin is “beguiling but treacherous” during a speech at the ECB’s legal...
EU: Vestager interested in Facebook’s Libra
According to a report from Bloomberg, Facebook’s Libra digital currency will be a focus for antitrust and financial regulators in the near future. EU...
Germany: Facebook succeeds in blocking German ban on data collection
Facebook won an appeal to a German antitrust edict regarding how it collects user data across its platforms, including Instagram and WhatsApp, an initial...
EU: Facebook facing EU antitrust probe over Libra
Facebook is getting EU antitrust scrutiny over its Libra crypto project, Bloomberg reported. The European Commission has sent a questionnaire to groups tied to...
US: FTC’s Simons says Facebook harder to break up now
Federal Trade Commission (FTC) Chairman Joseph Simons said that if Facebook has plans to merge Instagram and WhatsApp more closely into its ecosphere, it...
US: Facebook abandoned deal to buy competitor over antitrust fears: NYT
Facebook considered acquiring video chat app Houseparty, but abandoned the deal last year due to concerns around heightened antitrust scrutiny, according to The New...
EU: Commission could have a Facebook decision for privacy cases
According to a report in the Wall Street Journal, Ireland’s Data Protection Commission has the power to levy billions of euros in fines and...
