    {"id":13205,"date":"2023-05-24T15:38:44","date_gmt":"2023-05-24T13:38:44","guid":{"rendered":"https:\/\/investmentbell.com\/?p=13205"},"modified":"2023-05-24T15:38:47","modified_gmt":"2023-05-24T13:38:47","slug":"eu-court-rejects-meta-challenge-to-antitrust-information-requests","status":"publish","type":"post","link":"https:\/\/investmentbell.com\/it\/news\/market-overview-news\/eu-court-rejects-meta-challenge-to-antitrust-information-requests\/","title":{"rendered":"EU court rejects Meta challenge to antitrust information requests"},"content":{"rendered":"<p>BRUSSELS (Reuters) &#8211; Meta Platforms suffered a setback on Wednesday as Europe&#8217;s second-top court ruled as legitimate the EU antitrust watchdog&#8217;s requests for information related to its investigation into Facebook (NASDAQ:META)&#8217;s data and online marketplace.<\/p>\n\n\n\n<p>A spokesperson for the U.S. tech giant, which had compared the European Commission to a fishing super trawler vacuuming up data over the requests, said it was &#8220;considering its options&#8221; over the court decision.<\/p>\n\n\n\n<p>&#8220;The General Court finds that Meta Platforms Ireland has not successfully demonstrated that the request to provide documents to be identified by search terms went beyond what was necessary,&#8221; the Luxembourg-based General Court said.<\/p>\n\n\n\n<p>The court added in its ruling that Meta had also not shown that &#8220;establishing a virtual data room failed to ensure that sensitive personal data was sufficiently protected&#8221;.<\/p>\n\n\n\n<p>Meta can appeal on points of law to Europe&#8217;s highest court, the EU Court of Justice.<\/p>\n\n\n\n<p>&#8220;We also welcome the Court-established virtual data room, which recognised that purely private information &#8211; including personal medical files &#8211; has no relevance to any competition investigation,&#8221; the Meta spokesperson said.<\/p>\n\n\n\n<p>Meta said it handed over more than a million documents since 2019 even as it questioned the necessity and proportionality of the data requests. An increasing number of companies have criticised such requests.<\/p>\n\n\n\n<p>The cases are T-451\/20 Meta Platforms Ireland v Commission &amp; T-452\/20 Meta Platforms Ireland v Commission.<\/p>\n<div class=\"rate-now\"><span id=\"rate-mypost13205\"><\/span> <span id=\"rate-points\"> 0<\/span><\/div>\n\t\t\t<script type=\"text\/javascript\">jQuery('#rate-mypost13205').raty({\n\t\t\t\thalfShow : true,\n\t\t\t\thalf: true,readOnly: true,score: 0,\n\t\t\t\tpath: \"https:\/\/investmentbell.com\/wp-content\/plugins\/userpro-rating\/images\/\"\n\t\t\t\t});<\/script>","protected":false},"excerpt":{"rendered":"<p>BRUSSELS (Reuters) &#8211; Meta Platforms suffered a setback on Wednesday as Europe&#8217;s second-top court ruled as legitimate the EU antitrust watchdog&#8217;s requests for information related to its investigation into Facebook (NASDAQ:META)&#8217;s data and online marketplace. A spokesperson for the U.S. tech giant, which had compared the European Commission to a fishing super trawler vacuuming up [&hellip;]<\/p>","protected":false},"author":13,"featured_media":13206,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[89],"tags":[],"class_list":{"0":"post-13205","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-market-overview-news"},"_links":{"self":[{"href":"https:\/\/investmentbell.com\/it\/wp-json\/wp\/v2\/posts\/13205","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/investmentbell.com\/it\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/investmentbell.com\/it\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/investmentbell.com\/it\/wp-json\/wp\/v2\/users\/13"}],"replies":[{"embeddable":true,"href":"https:\/\/investmentbell.com\/it\/wp-json\/wp\/v2\/comments?post=13205"}],"version-history":[{"count":0,"href":"https:\/\/investmentbell.com\/it\/wp-json\/wp\/v2\/posts\/13205\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/investmentbell.com\/it\/wp-json\/wp\/v2\/media\/13206"}],"wp:attachment":[{"href":"https:\/\/investmentbell.com\/it\/wp-json\/wp\/v2\/media?parent=13205"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/investmentbell.com\/it\/wp-json\/wp\/v2\/categories?post=13205"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/investmentbell.com\/it\/wp-json\/wp\/v2\/tags?post=13205"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}