European regulators asked whether Facebook needed a lot of data.

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The data. This is the gold of the Internet giants, such as facebook and the company, which are backed by petrol and fuel advertisers.
Now regulators in Europe are asking whether Facebook is collecting too much detail about the online activities of Internet users – in effect forcing them to extract valuable goods from consumers.
Believe in authority in many European countries, Facebook unfairly to use its leverage to collect about Facebook users and non users in millions of third-party websites use Facebook “like” button and the details of the analysis tools such as service activities. Some of these regulators have developed a novel rationale: data enforcement.
This month, the Italian competition authority said that Facebook used “undue influence” to let consumers “agree to collect and use all information related to it”. In February, a Belgian court found that Facebook is a collection of Belgium’s detailed information based on Internet users do not have clear agree, and ordered it to stop in a very way to collect the data on the Facebook website. ”
And in December last year, the German antitrust regulators in the preliminary investigation results, said Facebook is abusing its dominant position in the market, asks the user to make the company “unlimited accumulation of using third party site to produce all kinds of data and its merger with the user’s Facebook account.”
Until recently, few consumers had stopped to consider the value of their personal information, or the price they paid for free online services.
But the recent disclosure of the voter profile, Cambridge Analytica, has generated more personal information about 87 million Facebook users, prompting more questions about the data being collected by social media giants.
“If things are sold at a certain price, whether can let you are willing to pay a wise decision,” Anisha thanks Carl, the product manager, 27, said RaiseMe, a start-up university of San Francisco that help the student to obtain the scholarship. “With Facebook, it’s hard to know what you’re giving up, and you can’t really make informed choices.”
While Twitter, Google analysis and many other service tracking consumers’ online activities, also used for advertising or the purpose of the site measurement, but German regulators will pick out the terms and conditions of Facebook is inappropriate.
They say German consumers have few social networks to choose from, and if they want a Facebook account, they force users to agree to Facebook’s collection of their web browsing data. Facebook’s share of the German social networking market is 95 per cent, according to regulators.

“Because we think Facebook is dominant, users agree that these terms and conditions are not voluntary,” Andreas Mundt, the President of the German federal agency, said in a recent telephone interview.
Because German users lack a real choice, he adds, Facebook can actually extract any data it wants from them. “The Facebook case is really about overpricing for consumers,” Mr. Montt said.
He will now Facebook application with a case in 2013, in the case of his agent to the amazon charge unfair ban sellers, as a condition of sales of the products on the website, and provide a lower price in other place. Amazon eventually agreed to abandon its pricing practices.
Regulators are not trying to quantify the specific monetary value of the data. Regulators in Germany, Italy and Belgium are arguing in different ways that some Facebook data practices are unfair or misleading, rather than directly causing economic losses to consumers.
Facebook has appealed the judge’s decision in Belgium. Nor does the company agree with German regulators’ determination of dominance. Facebook spokesman Matt Steinfeld said only half of German Internet users use Facebook, while the rest use other services.
“Like Facebook, many of these services are supported by advertising, and provide tools for other applications and web sites, and then use the information they collect to improve people’s experience,” Mr Steinfeld said in a statement. “This is not an Internet image led by a renegade company.”
He said the company expected to answer questions raised by Italian regulators.
According to the pew research center, 68 percent of adults in the United States say they use Facebook, and they have different attitudes toward competition. With many U.S. consumers using Twitter, Snapchat and other services, federal regulators are unlikely to see Facebook as a major player, experts say.

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