Meta plans new overview for Facebook, Instagram users, German regulator says

TL;DR

BERLIN (Reuters) -Germany's cartel office said Meta plans to introduce a new overview for users of its platforms Facebook and Instagram, in a step towards allaying anti-trust concerns following years of discussions with the regulator. The new feature offered by Meta to manage accounts revises a previous plan that the cartel office described as "seriously deficient" and which it said did not inform consumers in a neutral or transparent way. Germany is keeping close watch over Meta after the regulator deemed it of "paramount significance for competition across markets", a classification which gives the regulator more leeway to curb digital companies' market power

Like summarized versions? Support us on Patreon!