KONTAKT 5 PLAYER VS KONTAKT 5 SOFTWARE

The Bundeskartellamt will publish a summary of its decision shortly. However, in doing so Meta specifically has not declared that it necessarily agrees with all the facts as established by the decision division in its decision and the conclusions drawn from these facts. Meta has announced not to appeal the decision and not to deny its status as norm addressee within the meaning of Section 19a(1) GWB. Within this period Meta is subject to special abuse control by the Bundeskartellamt in Germany as set out in Section 19a(2) GWB. The validity of the BundeskartellamtвЂ™s decision is limited to five years after its entry into force in accordance with statutory provisions. Furthermore, since 2020 the Bundeskartellamt has been conducting another proceeding against Meta for linking Meta QuestвЂ™s (formerly Oculus) offer of VR headsets/products with Facebook (see press release of 10 December 2020).Д«y formally determining MetaвЂ™s paramount significance for competition across markets pursuant to Section 19a(1) GWB, the Bundeskartellamt has now established the basis for a more rapid conclusion of such proceedings. However, the legal dispute with Meta with regard to this decision is still pending before the courts. In early 2019 the Bundeskartellamt already prohibited Meta from combining user data from different sources due to competition concerns (see press release of 7 February 2019). In 2021 MetaвЂ™s net income increased again in year-on-year comparison by more than a third to almost USD 40bn.ДЄltogether, Meta operates a strong social media ecosystem which is financed through advertising and keeps expanding (for more information see the attached illustration). Owing to its large user base and the user data available to the company, Meta is also the leading provider of social media advertising, which is the companyвЂ™s almost exclusive source of revenue. Its services are also widely used in Germany. MetaвЂ™s services are used by more than 3.5 billion people worldwide. MetaвЂ™s efforts in this regard include its acquisition of Oculus (now: Meta Quest), a manufacturer of VR headsets and technology.

KONTAKT 5 PLAYER VS KONTAKT 5 SOFTWARE

As major project for the future Meta invests in particular in hardware and software for a вЂњmetaverseвЂќ, i.e. With features like вЂњStoriesвЂќ and вЂњReelsвЂќ or offers like вЂњWatchвЂќ or вЂњShopsвЂќ Meta continuously expands its range of services.

Meta is an internationally active digital corporation which is known in particular for its services Facebook (including Messenger), Instagram and WhatsApp. Meta has waived the right to appeal our decision.вЂќ Based on this, we are able to intervene against potential competition infringements more efficiently than with the toolkit available to us so far. Following a proceeding which was contested for some time, we have now formally proven the companyвЂ™s relevant position. Our investigations have shown that Meta is of paramount significance across markets, also within the meaning of competition law. If the Bundeskartellamt formally determines that an undertaking is of paramount significance for competition across markets, it can prohibit it from engaging in anti-competitive practices.ДЄndreas Mundt, President of the Bundeskartellamt: вЂњ The digital ecosystem created by Meta has a very large user base and makes the company the key player in social media.

The new provision (Section 19a of the German Competition Act (GWB)) enables the Bundeskartellamt to intervene earlier and more effectively against the practices of large digital companies.

The toolkit for extended abuse control introduced by the German legislator in early 2021 can thus be applied to Meta. The Bundeskartellamt has formally determined the paramount significance for competition across markets of Meta Platforms, Inc., Menlo Park, USA.

Kontakt 5 player vs kontakt 5