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Is Google and Facebook trying to kill the competition by blocking promotion of Crypto currencies on their platforms

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The anti-crypto move by Google and Facebook which bans crypto ads raises antitrust concerns. Courts and regulators have limited the scope of rules involving “refusal to deal” arrangements whereby a dominant company denies competitor’s access to essential products and services. In this case, several large Internet companies have tried to stop crypto companies from reaching their audience. Ironically, both Google and Facebook may soon enter the cryptocurrency market directly.

posted Jun 28, 2018 by Sanjay Rawat

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