By Joe HoppeThe U.K. competition regulator said Friday that Meta Platforms has offered to limit use of other businesses' advert data to address competition concerns. The Competition and Markets Authority said Facebook-owner Meta (META) has offered commitments not to use competitors' advertising data for its Facebook Marketplace classified ad service. it will also take steps to restrict the use of ad data for developing other Meta products available in the U.K. that are in competition with other advertisers. Write to Joe Hoppe at joseph.hoppe@wsj.com-Joe HoppeThis content was created by MarketWatch, which is operated by Dow Jones & Co. MarketWatch is published independently from Dow Jones Newswires and The Wall Street Journal. (END) Dow Jones Newswires05-26-23 0646ETCopyright (c) 2023 Dow Jones & Company, Inc.

Source: Wall Street Journal May 26, 2023 10:53 UTC