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European antitrust head: Facebook not a target for now

Feb. 19, 2019 2:33 PM ETMeta Platforms, Inc. (META) StockMETABy: Jason Aycock, SA News Editor7 Comments
  • Facebook (FB +0.3%) isn't currently a target of European regulators, says the continent's antitrust chief, but it might be in the future.
  • European Competition Commissioner Margrethe Vestager says she has no case against the social network's market power at the moment.
  • "We have some concerns ... We are looking at the market very closely," she says. That follows a previous stance that dealing with Facebook may lie in the realm of privacy regulators rather than antitrust watchdogs.

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