The European Commission is “currently investigating potential anti-competitive behavior” related to Libra amid concerns that the proposed payment system would unfairly shut out rivals, said the report. Libra is a global crypto-currency by Facebook, set to launch in 2020. EU officials said they were concerned how about Libra may create “possible competition restrictions” on the information that will be exchanged and the use of consumer data, according to Bloomberg.

source https://finance.yahoo.com/news/facebooks-libra-faces-eu-antitrust-182904947.html?.tsrc=rss