Facebook Put On Notice it Could Face More Regulation in Europe

Facebook (NASDAQ: FB) was put on notice Monday the social media giant could face more regulation in Europe if it doesn't reign its current business practices.

During a live stream debate between Facebook CEO Mark Zuckerberg and European Union industry chief Thierry Breton, the EU commissioner warned that if Facebook doesn't control posts being shared on its platform amid the COVID-19 pandemic regulators will step in.

IMAGE SOURCE: GETTY IMAGES.