Facebook Facing Criticism from Italian Competition Watchdog and Soros
Facebook is currently under scrutiny from multiple fronts.
The competition watchdog in Italy is moving forward with legal actions against Facebook. George Soros has also leveled accusations against the tech giant, claiming they are aiding in the re-election efforts of President Donald Trump in the United States.
Facebook has a history of being embroiled in controversies. In the latest development, the Italian competition watchdog is pursuing actions that may result in a significant fine for the company. The watchdog alleges that Facebook failed to comply with a previous request. Back in 2018, the watchdog accused Facebook of inadequate disclosure to users regarding the collection and use of personal data. The company was fined 5 million Euros and instructed to post a statement on the Italian Facebook homepage. As per the watchdog’s recent report, Facebook did not fulfill this requirement by the set deadline on Friday.
Billionaire philanthropist George Soros has made his own allegations against Facebook. He asserts that the company is actively supporting Trump’s re-election bid for the upcoming presidential elections. He claims that Facebook played a role in Trump’s victory in 2016 and suggests a mutual support system between Trump and the social media platform. Soros, however, did not provide any concrete evidence to back up his claims.
The relationship between Soros and Facebook has been strained for some time. In 2018, after Soros criticized Facebook, the company’s COO Sheryl Sandberg reportedly instructed employees to gather information about Soros’ financial dealings in preparation for a potential counter-campaign. Facebook even engaged a public relations firm to assist in these efforts.
