Tag: facebook business model

Meta Suffers Setback in EU Attack of German Antitrust Order
Technology

Meta Suffers Setback in EU Attack of German Antitrust Order

[ad_1] Meta Platforms Inc.’s Facebook suffered a setback in its European Union court challenge. Meta Platforms Inc.'s Facebook suffered a setback in its European Union court challenge of a German antitrust decision that ordered an overhaul of the social media giant's business model.Competition authorities probing a company over alleged abuses of a dominant position are justified to also consider other rules, such as the EU's General Data Protection Regulation in the course of an investigation, an adviser to the bloc's top court said on Tuesday in a non-binding opinion. Such a ruling would hit at the heart of Meta's appeal. When interpreting other rules such as data protection law, competition watchdogs are “bound by the duty ...