Meta to Stop Political Ads in EU Due to New Regulations

1 min read
Source: Axios
Meta to Stop Political Ads in EU Due to New Regulations
Photo: Axios
TL;DR Summary

Meta announced it will stop accepting political, election, or social issue ads in the EU starting October due to new regulations that pose operational and legal challenges, similar to Google's response, aiming to avoid the complexities of the upcoming Transparency and Targeting of Political Advertising law, which requires detailed ad disclosures. The move does not prevent political discussion on the platform but limits paid advertising, highlighting concerns over increased restrictions and reduced competition in digital advertising.

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