U.K. and European Union regulators announced they have opened similar sweeping antitrust investigations into massive U.S. social media company Facebook on Friday.
Both investigations will examine whether Facebook has violated antitrust laws in its use of advertising data and how its marketplace is embedded to its platform, according to the announcements Friday. The fairness and competition probes were launched by the U.K. Competition and Markets Authority (CMA) and the European Commission, which both said they would work closely.
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