Meta Platforms (META.O) on Tuesday lost its fight against a German data curb order that strikes at the heart of its business model as Europe's top court backed the German antitrust watchdog's power to also investigate privacy breaches.
The ruling from the Luxembourg-based Court of Justice of the European Union (CJEU) potentially hand antitrust authorities more leeway in Big Tech probes.
The case centred on a challenge by Meta after the German cartel office in 2019 ordered the social media giant to stop collecting users' data without their consent, calling the practice an abuse of market power.
At issue was whether the German antitrust agency overstepped its authority by using its antitrust power to address data protection concerns, which are the remit of national data protection authorities.
View Full Article