Online platforms are under strain in Europe due to their dominance and anti-competitive industry practices, which have led to hefty penalties handed down to businesses. Privacy and customer concerns also have aggravated the circumstance.
Seven months following Europe’s Justice Commissioner Vera Jourova advised Facebook and other technology companies to deliver their consumer terms based on EU consumer legislation, the social networking giant has yet to tackle all of her worries, the sources stated.
“There’s only small progress and this was happening for a long time,” the sources said.
Jourova had expressed concerns about the firms’ liability and users are educated about content elimination or contract terminations.
Consumer security governments across the 28-country bloc, which asked the changes this past year, have the ability to find the companies for violating EU rules.
Facebook has said it worked with the EU government to amend its provisions and guarantee greater transparency.
Three weeks after being advised to revise its stipulations, Airbnb has made the required alterations, the sources stated.
“This is fantastic news for customers who’ll benefit for example from transparency on costs so that they can compare supplies up front,” the sources said.
The European Commission had advised Airbnb to say whether an accommodation is extended by a private person or a specialist, supply details of costs in a transparent manner and provide fairer terms to customers.
Founded in 2008 at San Francisco, Airbnb matches individuals wanting to rent out part or all of the houses to temporary visitors, via a site.