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Meta loses as top EU court backs antitrust regulators over privacy breach checks - TL;DR CNBC

Meta loses as top EU court backs antitrust regulators over privacy breach checks

Publishing timestamp: 2023-07-04 15:11:54


Summary

Europe's top court backed German antitrust watchdog's power to investigate privacy breaches, potentially giving antitrust authorities more leeway in Big Tech probes. Meta lost its fight against a German data curb order, which could impact its business model. The ruling could have implications for how antitrust regulators address data protection concerns in the future.


Sentiment: MIXED

Tickers: META

Keywords: products and servicesmeta platforms inctechnologybusiness newsbreaking news: technology

Source: https://www.cnbc.com/2023/07/04/meta-loses-as-top-eu-court-backs-antitrust-regulators-over-privacy-breach-checks.html


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