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Facebook’s next big headache: Europe

Illustration: Caresse Haaser, Sarah Grillo / Axios

Now that Facebook survived its congressional onslaught, it's focusing its attention towards a much more powerful threat: the EU. 

Why it matters: The risk to Facebook’s business coming out of last week’s Mark Zuckerberg hearings is minimal. The threat to its business in the EU, where aggressive regulation has already passed, is massive.