Britain's competition watchdog said on Friday social media company&nbsp;Facebook&nbsp;Inc removed 16,000 groups that were selling and buying fake reviews of various products and services, the second time the regulator had to intervene.

US-based&nbsp;Facebook&nbsp;also made further changes to detect, remove and prevent paid content that could mislead users on its platforms, including popular photo-sharing app Instagram, UK's Competition and Markets Authority (CMA) said on Friday.

"We have engaged extensively with the CMA to address this issue. Fraudulent and deceptive activity is not allowed on our platforms, including offering or trading fake reviews," a&nbsp;Facebook&nbsp;representative said.

The CMA began a crackdown on false reviews from 2019 when it first asked&nbsp;Facebook&nbsp;and e-commerce platform eBay Inc to check their websites after it found evidence of a growing marketplace for misleading customer reviews on the platforms.

Facebook&nbsp;has also been under scrutiny by the CMA for antitrust concerns over the technology company's acquisition of GIF website Giphy. It has been under pressure the world over for its data sharing practices as well as fake news and hate speech.

"The pandemic has meant that more and more people are buying online, and millions of us read reviews to enable us to make informed choices when we shop around. That's why fake and misleading reviews are so damaging," said CMA Chief Executive Andrea Coscelli.

CMA's crackdown on&nbsp;Facebook&nbsp;coincides with Britain's efforts to set up a dedicated digital markets unit within the regulatory authority to specifically look at governing digital platforms.

Britain's competition watchdog said on Friday social media company Facebook Inc removed 16,000 groups that were selling and buying fake reviews of various products and services, the second time the regulator had to intervene.

Britain's competition watchdog said on Friday social media company Facebook Inc removed 16,000 groups that were selling and buying fake reviews of various products and services, the second time the regulator had to intervene. US-based Facebook also made further changes to detect, remove and prevent paid content that could mislead users on its platforms, including popular photo-sharing app Instagram, UK's Competition and Markets Authority (CMA) said on Friday. "We have engaged extensively with the CMA to address this issue. Fraudulent and deceptive activity is not allowed on our platforms, including offering or trading fake reviews," a Facebook representative said. The CMA began a crackdown on false reviews from 2019 when it first asked Facebook and e-commerce platform eBay Inc to check their websites after it found evidence of a growing marketplace for misleading customer reviews on the platforms. Facebook has also been under scrutiny by the CMA for antitrust concerns over the technology company's acquisition of GIF website Giphy. It has been under pressure the world over for its data sharing practices as well as fake news and hate speech. "The pandemic has meant that more and more people are buying online, and millions of us read reviews to enable us to make informed choices when we shop around. That's why fake and misleading reviews are so damaging," said CMA Chief Executive Andrea Coscelli. CMA's crackdown on Facebook coincides with Britain's efforts to set up a dedicated digital markets unit within the regulatory authority to specifically look at governing digital platforms.

Facebook axes 16,000 groups for selling or buying fake reviews of products, services

facebook-fake-reviews

Facebook Fake Reviews, News on Facebook Fake Reviews, stories on Facebook Fake Reviews, articles on Facebook Fake Reviews, Facebook Fake Reviews stories at Wion, Facebook Fake Reviews news, Facebook Fake Reviews latest news

facebook fake-reviews

Facebook axes 16,000 groups for selling or buying fake reviews of products, services