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EU antitrust enforcer on Facebook: "Well, they are big"

Margrethe Vestager speaks in front of a blue backdrop
European competition regulator Margrethe Vestager. Photo: JOHN THYS/AFP/Getty Images

European Union antitrust commissioner Margrethe Vestager emphasized Facebook's size when asked Friday whether she viewed the company as a monopoly, although she added that the bloc has no "official position" on that question:

“Well, they are big. I think in a lot of European states it is very tricky to find someone who is not on Facebook.”

Why it matters: Vestager's comments came in response to Mark Zuckerberg’s testimony at a Tuesday Senate hearing that he doesn’t view Facebook as a monopoly. Vestager said that a German antitrust investigation into the company and new data rules could limit Facebook's power.

Axios 1 hour ago
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Jonathan Swan 1 hour ago
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Trump's "great man" play

Illustration: Lazaro Gamio/Axios

President Trump views the North Korean crisis as his “great man” of history moment.

The big picture: He came into office thinking he could be the historic deal maker to bring peace to the Middle East. He’s stopped talking about that. There’s very little point. The peace deal looks dead and cremated. But Trump wants to sign his name even larger into the history books, and he views North Korea as his moment.