Meta executives are discussing a company-wide ban on political advertising in Europe, following concerns that its social networking platforms such as Facebook and Instagram will be unable to comply with forthcoming EU regulations that target online campaigning.
Brussels regulators are drawing up new laws to come info force next year designed to force large internet groups to reveal more about the political groups behind online campaigns and which users they are targeting.
Meta, led by chief executive Mark Zuckerberg, is concerned that the definition of political ads under the plan will be so broad that it will be easier to refuse all paid-for political campaigns on the company’s sites, according to two people briefed on internal discussions.