The Facebook decision: First thoughts by Haucap
The long-awaited Facebook decision of the Bundeskartellamt is finally out. Professor Justus Haucap from the Dusseldorf Institute for Competition Economics (DICE) shares his first thoughts here on D’Kart. Finally, the Bundeskartellamt (Germany’s Federal Cartel Office, FCO) has today presented its long awaited decision in the Facebook case, following its three year investigation into Facebook’s activities. The FCO’s findings are that Facebook has exploited consumers by collecting and combining too much user data without obtaining users’ consent. Not obtaining user consent…