June's AI-picked stock updates now live. See what's new in Tech Titans, up 28.5% year to date.See Full Update

Facebook to end ban on political ads in United States

Published 03/03/2021, 01:39 PM
Updated 03/03/2021, 03:51 PM
© Reuters. FILE PHOTO: FILE PHOTO: A 3D-printed Facebook logo is seen placed on a keyboard in this illustration
GOOGL
-
META
-
GOOG
-

By Elizabeth Culliford and Sheila Dang

(Reuters) - Facebook Inc (NASDAQ:FB) will lift its temporary ban on political advertising in the United States on Thursday, the company said in a blog post on Wednesday.

The social media giant has had a months-long freeze on political, electoral and social ads, which it introduced as part of an effort to crack down on misinformation and abuses around the Nov. 3 elections.

Facebook had temporarily lifted its ad pause in Georgia for the state's January runoff elections but put it back in place.

Alphabet (NASDAQ:GOOGL) Inc's Google, which had lifted its own political ad ban in December, later reinstated it following the Jan. 6 siege at the U.S. Capitol by supporters of former President Donald Trump. Google lifted the ban last week.

Democratic and Republican digital strategists have argued that such bans were overly broad and failed to combat the issue of organic misinformation on the platforms.

Earlier on Wednesday, the Democratic Congressional Campaign Committee (DCCC) and Democratic Senatorial Campaign Committee (DSCC) issued a statement criticizing Facebook for not committing to a clear date to end the ban, saying the freeze had made it harder for campaigns and organizations to reach voters.

© Reuters. FILE PHOTO: The Facebook logo is displayed on their website in an illustration photo

Facebook, which noted in its blog post that its systems do not distinguish between political and electoral ads and "social issue" ads, said it would look in the coming months at what other changes to its ads might be needed.

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.