Meta promises UK it won't pilfer rivals' ad data to build Facebook Marketplace
Over in the UK, things have moved on a bit. Meta's offer of binding commitments, outlined today, includes three main prongs:
Ts&Cs: Meta said it would use"all reasonable endeavors to ensure that employees working on product development refrain from using data it receives or otherwise has by virtue of providing DDA and business tool services to develop or improve Meta's products in competition with specific products or services offered by advertisers."
Advertising revenue, as the CMA points out in the document, accounted for approximately 97 percent of Meta's worldwide revenue in 2022.
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