Meta to Stop Selling Political Ads in the EU, Citing Regulation

Meta Platforms Inc. has announced that it will cease selling political and issue-focused advertising in the European Union (EU). This decision is in response to new regulations that the company believes have created an "untenable level of complexity and legal uncertainty." The move comes as the EU continues to tighten its rules around digital advertising and content moderation. Meta's decision will impact its ability to generate revenue from political and issue-based ads within the EU market. While the specific details of the new regulations are not provided in the article, it is clear that Meta has determined that complying with these rules would be too burdensome and legally uncertain for the company to continue offering these ad services in the EU. The article does not provide further context or analysis on the potential implications of this decision for political discourse and campaigning within the EU. However, it highlights the ongoing challenges that technology companies face in navigating the evolving regulatory landscape around digital advertising and content moderation.