EU tells Facebook 'patience at limit' on consumer rules

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(iStock)
(iStock)

The EU warned social network Facebook on Thursday to bring its consumer terms in line with the bloc's rules by the end of the year or risk financial penalties.

"My patience has reached its limit," EU Justice and Consumer Affairs Commissioner Vera Jourova said in a statement.

"It is now time for action and no more promises."

Jourova said she would call on consumer protection authorities across the 28-country bloc, which requested the changes last year, to act swiftly and sanction the company if Facebook failed to comply.

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