French watchdog approves commitments by Facebook owner Meta over online advertising

Criteo SA (Pre-Reincorporation)

16/06/2022 09:45

PARIS, June 16 (Reuters) - France's anti-trust watchdog body
said on Thursday that it had approved commitments made by
Facebook owner Meta Platforms  FB.O  regarding the French online
advertising sector.
    It added Meta had committed to giving access over a
five-year period to advertising inventories and campaign data to
adtech companies on 'transparent, objective and predictable'
conditions.
    In May, Germany's cartel office had said Meta Platforms Inc
had "paramount significance for competition across markets",
marking a classification which gave Germany more leeway to curb
digital companies' market power. urn:newsml:reuters.com:*:nL5N2WW3EU

 (Reporting by Mathieu Rosemain;
Editing by Sudip Kar-Gupta)
 ((sudip.kargupta@thomsonreuters.com; +33 1 49 49 53 84;))