World Bank warns Facebook’s Free Basics could lead to market distortions

World Bank warns Facebook’s Free Basics could lead to market distortions

A 3D plastic representation of the Facebook logo is seen in this illustration in Zenica, Bosnia and Herzegovina, May 13, 2015. REUTERS/Dado Ruvic/Files

The World Bank has warned that services such as Facebook’s Free Basics, where some basic content is offered free and other content is subject to data charges, could lead to market distortions.

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