Back to Feed
Fintech▼ 40
EU Consumer Group Cites Tech Giants for Scam Ads
PYMNTS·
A prominent European consumer organization has formally complained to the European Commission and other authorities, alleging that major tech platforms like Google, Meta, and TikTok have failed to adequately protect users from fraudulent advertisements. The group asserts that these companies have not implemented sufficient measures to block or remove scam-related ads, leading to potential financial harm and deception for consumers across the EU. This action highlights ongoing concerns about the responsibility of large technology firms in policing the content on their platforms and safeguarding their user base from malicious advertising practices.
Tags
regulation
fintech
Original Source
PYMNTS — pymnts.comRelated in Fintech
CLEAR token tanks 48% as Everclear winds down protocol, foundation and labs unit
The BlockEthereum’s identity crisis is deepening after high-profile 'brain drain' frustra
CoinDeskJPMorgan: Tokenized Funds May Cap Stablecoin Market Share
The BlockPAC Backed by Chainlink, Anchorage Endorses Candidates
The Block