Facebook, eBay Pledge to Combat Trading in Fake Reviews -UK Regulator

Date : 01/08/2020 @ 10:51AM
Source : Dow Jones News
Stock : Facebook Inc (FB)
Quote : 214.18  1.04 (0.49%) @ 12:58AM
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Facebook, eBay Pledge to Combat Trading in Fake Reviews -UK Regulator

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   By Adria Calatayud 
 

Facebook Inc. (FB) and eBay Inc. (EBAY) have pledged to combat fake and misleading reviews on their sites, following an order from the U.K.'s Competition and Markets Authority, the antitrust regulator said Wednesday.

Facebook has removed 188 groups and disabled 24 user accounts, and eBay has permanently banned 140 users, after the CMA flagged its concern about the trade of face and misleading reviews in .

Both platforms have signed up to agreements to better identify, investigate and respond to fake and misleading reviews, the CMA said.

On June 21, the CMA urged Facebook and eBay to prevent fake and misleading online reviews from being bought and sold on their platforms. Both companies said at the time that they would cooperate with the regulator to address the issue.

 

Write to Adria Calatayud at adria.calatayud@dowjones.com

 

(END) Dow Jones Newswires

January 08, 2020 05:36 ET (10:36 GMT)

Copyright (c) 2020 Dow Jones & Company, Inc.

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