German regulator imposes tougher rules on Facebook owner Meta

FILE PHOTO: A woman holds smartphone with Meta logo in front of a displayed Facebook's new rebrand logo Meta in this illustration picture taken October 28, 2021. REUTERS/Dado Ruvic

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BERLIN (Reuters) - Germany's cartel office said that Meta Platforms Inc, the owner of Facebook, has "paramount significance for competition across markets", a classification which gives the regulator more leeway to curb digital companies' market power.