TechCrunch: Meta faces years of tougher antitrust oversight in Germany

TechCrunch: Meta faces years of tougher antitrust oversight in Germany. “Facebook’s rebranded parent, Meta, has become the next tech giant to be confirmed as subject to a special competition abuse control regime in Germany, following a 2021 update to its digital competition rules that are focused on large digital companies which are considered to be of ‘paramount significance for competition across markets’, as the law puts it. The designation, which stands for five years, empowers the regulator, the Federal Cartel Office (FCO), to take faster action to respond to competition concerns linked to Meta’s operations by imposing operational conditions intended to correct antitrust abuses.”

Leave a Reply

%d bloggers like this: