(Reuters) – Meta Platforms (NASDAQ:) has offered to restrict the use of certain data from all advertisers on its Facebook Marketplace platform, as part of changes to proposals accepted by the Competition Market Authority (CMA) in November , the regulator said. on Friday.
The CMA had accepted commitments from Meta in November that would prevent the social media giant from ‘exploiting’ its advertising clients’ data.
These proposals include giving competitors who advertise on its platforms the ability to opt out of having their data used to improve Facebook Marketplace.
The UK competition watchdog has provisionally accepted the proposed changes and is asking interested third parties for their views on them. The consultation closes on June 14.
Any other changes to Meta’s proposals, which had previously been accepted, have not been disclosed.
Amazon.com (NASDAQ:) also pledged in November not to use market data from rival sellers to ensure a level playing field for third-party sellers.
