What was the reason for the $70 million fine imposed on Facebook by the UK's competition regulator?
Britain Regulator Fines Facebook $70 Million

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Business, Social Studies
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9th - 12th Grade
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Hard
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5 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
For breaching an order during the Giphy acquisition
For not acquiring Giphy
For not launching a new platform
For overpricing GIFs
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which authority claimed that Facebook ignored multiple warnings?
European Commission
Federal Trade Commission
Competition and Markets Authority
World Trade Organization
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What did Facebook fail to provide according to the CMA?
Employee data
Marketing strategies
Financial reports
Required information
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What does the penalty imposed on Facebook signify?
That companies can ignore laws
That no company is above the law
That fines are optional
That laws are flexible
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
How did Facebook respond to the CMA's decision?
By ignoring it
By accepting the fine
By stating they will review the decision
By filing a lawsuit
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