Facebooks voice to antitrust agencies: dont think of data as a commodity like oil

category:Finance
 Facebooks voice to antitrust agencies: dont think of data as a commodity like oil


At present, technology companies including Facebook and Google are subject to increasingly strict antitrust investigations in Europe and the United States. In the United States, both the Department of justice and the Federal Trade Commission are investigating the two companies. EU antitrust agencies are also investigating how Google and Facebook use user data to serve their advertisers, the Wall Street Journal quoted an EU spokesman as saying.

As part of the survey, people from relevant institutions have conducted a questionnaire survey with competitors and business partners of Google and Facebook, such as advertising agents, publishers and application developers, according to people familiar with the survey.

According to Reuters, the investigation is at an early stage, and Google will face another sky high ticket if it turns out that it has behaved improperly. The European Union has fined Google three times in three years, bringing the total fine to 8.2 billion euros, after nearly a decade of investigations into its shopping behavior, Android rules and advertising dominance. A Google spokesman responded, we use data to improve the quality of our services and provide more targeted advertising content, while users also have the right to manage, delete and transfer data. Google spokesman also added that the company has always kept in touch with relevant EU institutions. Clegg declined to respond to a specific survey, but said he was actively cooperating with the survey and believed the measures taken could help small advertisers grow and develop. Source: surging news editor: Zhong Qiming, nf5619

According to Reuters, the investigation is at an early stage, and Google will face another sky high ticket if it turns out that it has behaved improperly. The European Union has fined Google three times in three years, bringing the total fine to 8.2 billion euros, after nearly a decade of investigations into its shopping behavior, Android rules and advertising dominance.

A Google spokesman responded, we use data to improve the quality of our services and provide more targeted advertising content, while users also have the right to manage, delete and transfer data. Google spokesman also added that the company has always kept in touch with relevant EU institutions.

Clegg declined to respond to a specific survey, but said he was actively cooperating with the survey and believed the measures taken could help small advertisers grow and develop.