“We will look in detail at whether this data gives Facebook an undue competitive advantage in particular on the online classified ads sector, where people buy and sell goods every day, and where Facebook also competes with companies from which it collects data,” she said in a statement.
The UK Competition and Markets Authority (CMA) is also examining whether Facebook’s use of data has given it “an unfair advantage over competitors in providing services for online classified ads and online dating.”
“Any such advantage can make it harder for competing firms to succeed, including new and smaller businesses, and may reduce customer choice,” Andrea Coscelli, the CEO of the Competition and Markets Authority added. “We will be working closely with the European Commission as we each investigate these issues,” he said.
“We are always developing new and better services to meet evolving demand from people who use Facebook. Marketplace and Dating offer people more choices and both products operate in a highly competitive environment with many large incumbents,” the spokesperson added.
— This is a developing story and will be updated.