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Purchasing power but dont tell iran. This is the way of business im on in berlin welcome facebooks new crypto currency libra is under scrutiny from e. U. Antitrust regulators according to the Financial Times the newspaper says the European Commission has sought specific information from those of working on the Digital Currency by a questionnaires on tuesday bloomberg reported about the commission had specific concerns over quote potential anticompetitive behavior related to the libor association so far facebook and the commission have both declined to comment. Our financial correspondent joins us now from new york and so what sort of answers is facebook actually supposed to provide here. Well i mean one of the main questions really is in this case at least the possibility of competitive behavior and if you look a ....
So far facebook and the commission have both declined to comment. Our financial correspondent joins us now from new york and so what sort of answers is facebook actually supposed to provide here. Well i mean one of the main questions really is in this case at least the possibility of competitive behavior and if you look at facebook they have more users than the combined population of china and the u. S. So so there is this claim there and then also facebook will probably face questions if there are any plans to somehow connect. To some of facebooks Services Like for example or also the Messenger Services but this is really only one of many regulatory issues that facebook is facing with libra and with its other services in general as well now staying on tech giants french president and model and urged the u. S. To get big tech to pay more taxes now is washington washington ....
Association so far facebook and the commission have both declined to comment. Our financial correspondent joins us now from new york and so what sort of answers is facebook actually supposed to provide here. Well i mean one of the main questions really is in this case at least the possibility of competitive behavior and if you look at facebook they have more users than the combined population of china and the u. S. So there is this claim there and then also facebook will probably face questions if there are any plans to somehow connect to some of facebooks Services Like for example or also the Messenger Services but this is really only one of the many regulatory issues that facebook is facing with libra and with the other services in general as well now staying on tech giants french president and model mccraw urged the u. S. To get big tech to pay more taxes now is washing ....