Meta Faces EU Setback as Court Adviser Backs Regulators

Key Developments in Meta's EU Antitrust Case

Meta Platforms has experienced a significant setback after an adviser to the European Union's highest court supported the European Commission's authority to demand information for two antitrust investigations. The opinion reinforces the broad investigatory powers of EU regulators.

Overview of the Dispute

The case stems from Meta's challenge against the EU's competition enforcer over information requests related to its Facebook social network and Facebook Marketplace. Advocate General Athanasios Rantos stated that the Commission's requests were necessary and did not constitute a disproportionate interference with privacy, as data access was subject to strict limits and safeguards.

Impact and Next Steps

This non-binding opinion is a blow to Meta's legal strategy against what it considers excessive regulatory demands. While not final, the Court of Justice of the European Union's judges typically align with the adviser's recommendations. A final ruling is expected in the coming months, which will be critical for defining the scope of regulatory power in future antitrust cases.

Summary

The adviser's opinion strengthens the European Commission's position in its ongoing scrutiny of big tech firms. The market will closely watch the final court ruling, which could set a precedent for corporate challenges against regulatory data requests across the EU.

FAQ

Q: What was the EU court adviser's opinion on the Meta case?
A: The adviser recommended that the court dismiss Meta's appeal, siding with EU regulators and affirming their right to request necessary information for antitrust investigations.

Q: Is this ruling final?
A: No, this is a non-binding opinion. However, the court's judges follow the majority of such recommendations, with a final decision expected in the coming months.

Source: Investing.com