Meta Platforms is facing a UK competition investigation over business terms that regulators say may impose "exploitative" conditions on publishers and advertisers using its platforms. The UK Competition and Markets Authority said Friday it will examine whether Meta abused a dominant market position through those terms in a way that could "unfairly harm" businesses that rely on its services. The regulator also said Meta had planned to revise the terms from Nov. 20, but that rollout has now been paused. Under the terms in question, Meta could potentially collect content from publishers' websites without first obtaining consent, then use that material to develop and offer its own products and services, including AI features. Responding to the probe, Meta said there was no reason to open a competition investigation and added that it had already committed not to change the terms before consulting publishers and other stakeholders. The report was cited to Bloomberg.
Meta Platforms (META.O) is under investigation by UK regulators over business terms that may impose "exploitative" conditions on publishers and advertisers.
The UK Competition and Markets Authority said Friday it will investigate whether Meta used those terms to abuse a dominant market position, in a way that could "unfairly harm" businesses using its platforms.
Probe centers on revised terms and content collection
According to the CMA, Meta had planned to revise the relevant terms starting Nov. 20, but the changes have been put on hold for now.
Under those terms, Meta could potentially collect content from publishers' websites without obtaining their consent first. It could then use that content to develop and provide its own products and services, including AI features.
Meta response
In response to the investigation, Meta said: "There is no reason to open a competition investigation. We have already committed not to make changes to these terms before consulting with publishers and other stakeholders."
The report was attributed to Bloomberg.
This article was originally published by Bit.Fan. For more cryptocurrency news and market insights, visit www.bit.fan. Disclaimer:
The market information, project data, and third-party content displayed on this platform are for industry information sharing only and do not constitute any form of investment advice or return commitment.
Cryptocurrency trading carries high risks. Users should fully assess their risk tolerance and make independent decisions. All profits, losses, and legal responsibilities are borne by the users themselves.
