Stock Market News

French antitrust body tells Meta to change conditions for access to ad verification

2023.05.04 04:58


© Reuters. FILE PHOTO: The logo of Meta Platforms’ business group is seen in Brussels, Belgium December 6, 2022. REUTERS/Yves Herman

PARIS (Reuters) -France’s anti-trust watchdog on Thursday gave Facebook-owner META two months to change its access rules for ad verification partners, saying the company was potentially taking unfair advantage of a dominant market position in online advertising.

In a statement, the competition authority said META must publish new access criteria for partners seeking to use its analytical tools to assess whether online ad campaigns have been actually seen by people and are not displayed in a way that could harm the reputation of the brand.

It said the new criteria must be transparent, objective, non-discriminatory and proportionate.

Meta could not immediately be reached for comment.

Ad verification companies offer services including measuring how many views online ads receive, detecting fraudulent online traffic, and ensuring client ads do not appear on websites harming their brand, such as pornographic sites.

The French body said Meta’s invite-only approach allowed access to its data to only the biggest operators and might be considered discriminatory in the fields of the firm’s “viewability” and “brand safety” offerings.

The case was brought by Adloox, a small, independent French ad verification company, which sought unsuccessfully to be granted access to Meta’s data for these services from 2016 to 2022.

Adloox complained to the competition authority last year, and the authority found that the barrier to entry created by Meta constituted an “immediate and grave” harm to Adloox specifically, as well as to the independent ad verification sector as a whole. 

Source link

Related Articles

Back to top button
bitcoin
Bitcoin (BTC) $ 68,242.28 1.31%
ethereum
Ethereum (ETH) $ 2,633.91 0.05%
tether
Tether (USDT) $ 1.00 0.00%
bnb
BNB (BNB) $ 598.83 0.17%
solana
Solana (SOL) $ 153.63 0.39%
usd-coin
USDC (USDC) $ 1.00 0.08%
xrp
XRP (XRP) $ 0.547456 2.06%
staked-ether
Lido Staked Ether (STETH) $ 2,631.83 0.00%
dogecoin
Dogecoin (DOGE) $ 0.133891 9.43%
tron
TRON (TRX) $ 0.159335 0.42%
the-open-network
Toncoin (TON) $ 5.21 0.47%
cardano
Cardano (ADA) $ 0.348224 0.90%
avalanche-2
Avalanche (AVAX) $ 27.71 0.25%
shiba-inu
Shiba Inu (SHIB) $ 0.000019 3.52%
wrapped-steth
Wrapped stETH (WSTETH) $ 3,108.21 0.05%
wrapped-bitcoin
Wrapped Bitcoin (WBTC) $ 68,011.22 0.90%
weth
WETH (WETH) $ 2,632.14 0.01%
bitcoin-cash
Bitcoin Cash (BCH) $ 373.69 2.33%
chainlink
Chainlink (LINK) $ 11.33 1.26%
polkadot
Polkadot (DOT) $ 4.25 0.34%
near
NEAR Protocol (NEAR) $ 4.84 1.62%
dai
Dai (DAI) $ 1.00 0.03%
sui
Sui (SUI) $ 2.06 2.40%
uniswap
Uniswap (UNI) $ 7.49 0.33%
leo-token
LEO Token (LEO) $ 6.09 0.71%
litecoin
Litecoin (LTC) $ 72.76 2.80%
aptos
Aptos (APT) $ 9.97 1.89%
pepe
Pepe (PEPE) $ 0.00001 2.43%
wrapped-eeth
Wrapped eETH (WEETH) $ 2,763.80 0.03%
bittensor
Bittensor (TAO) $ 581.93 0.64%
internet-computer
Internet Computer (ICP) $ 7.86 0.47%
fetch-ai
Artificial Superintelligence Alliance (FET) $ 1.41 0.72%
kaspa
Kaspa (KAS) $ 0.127066 1.06%
monero
Monero (XMR) $ 159.16 0.68%
ethereum-classic
Ethereum Classic (ETC) $ 19.21 0.47%
stellar
Stellar (XLM) $ 0.095857 0.01%
blockstack
Stacks (STX) $ 1.90 4.41%
polygon-ecosystem-token
POL (ex-MATIC) (POL) $ 0.369531 0.21%
first-digital-usd
First Digital USD (FDUSD) $ 1.00 0.49%
dogwifcoin
dogwifhat (WIF) $ 2.65 1.53%
immutable-x
Immutable (IMX) $ 1.52 0.64%
whitebit
WhiteBIT Coin (WBT) $ 17.07 4.72%
ethena-usde
Ethena USDe (USDE) $ 1.00 0.09%
okb
OKB (OKB) $ 40.45 1.94%
aave
Aave (AAVE) $ 155.97 0.27%
filecoin
Filecoin (FIL) $ 3.70 0.28%
optimism
Optimism (OP) $ 1.70 2.06%
injective-protocol
Injective (INJ) $ 21.87 6.56%
crypto-com-chain
Cronos (CRO) $ 0.078117 0.92%
render-token
Render (RENDER) $ 5.34 1.19%