Audit Facebook and overhaul competition law, say MEPs responding to breach scandals

After holding a series of hearings in the wake of the Facebook -Cambridge Analytica data misuse scandal this summer, and attending a meeting with Mark Zuckerberg himself in May, the European Union parliament’s civil liberties committee has called for an update to competition rules to reflect what it dubs “the digital reality”, urging EU institutions to look into the “possible monopoly” of big tech social media platforms. Top level EU competition law has not touched on the social media axis of big tech yet, with the Commission concentrating recent attention on mobile chips (Qualcomm); and mobile and ecommerce platforms (mostly Google; but Amazon’s use of merchant data is in its sights too); as well as probing Apple’s tax structure in Ireland.

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