EU Antitrust Monopoly: Facebook Libra has become a focus of attention

According to Bloomberg, EU competition commissioner Margrethe Vestager said recently that Facebook's Libra digital currency will become a major focus of antitrust and financial regulators in the near future. Westerge confirmed that an early investigation into the way the new payment system works has been initiated. The EU is studying how Libra works and how Facebook is going to connect Libra with its social networks and messages, as concerns about new cryptocurrencies that may unfairly squeeze out competing payment providers or unfair restrictions on participating competitors. The data in the application is linked.