What To Look For In Facebook Earnings – Advertising, Social Networks and Instagram

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    Super Harley

    Social media beast Facebook report second quarter earnings…



    [color=red][b]The European Commission said Monday that it has opened an in-depth investigation into
    Facebook Inc.’s proposed acquisition of Kustomer Inc. under the EU merger regulation.[/b][/color]

    The European Union’s executive arm said the proposed transaction could reduce competition
    in the customer relationship management software market.

    An additional concern is that the deal would allow Facebook to further strengthen its position in
    the online display advertising market through an increase of its already significant amount of
    data available for ad personalization, the Commission said.

    On July 30, the U.K. Competition and Markets Authority said it had started a merger
    investigation into the proposed deal.

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