EU antitrust regulators raise concerns about Facebook’s Libra currency: sources

EU antitrust regulators want to know whether Facebook’s proposed Libra cryptocurrency and its use of consumer data pose possible anti-competitive constraints, people familiar with the matter said on Wednesday. The European Commission sent out a questionnaire earlier this month to various parties involved in Libra, giving respondents two to three weeks to provide feedback, the people said. The EU competition enforcer’s main focus is on the use of consumer data, the people said.

source https://finance.yahoo.com/news/eu-antitrust-regulators-raise-concerns-120301566.html?.tsrc=rss

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