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Facebook in EU antitrust crosshairs over data collection

BRUSSELS, Dec 2 (Reuters) - EU antitrust regulators are investigating how Facebook FB.O collects and monetises its data, the European Commission said on Monday, opening a second front on top of an existing probe into the social media giant's online marketplace. The EU executive said it had sent out questionnaires as part of preliminary investigations into both Facebook and Google's GOOGL.O data. The move underlines regulators' concerns regarding the massive amount of data held by tech giants and how they may leverage this to block competitors and expand into new sectors. A questionnaire seen by Reuters showed the Commission zooming in on Facebook's application programming interface (API) that allows app developers to access data or functionalities on its platform and its photo-sharing site Instagram and software components to interact.

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