Facebook bans ads related to face masks to prevent price gouging

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The Novel Coronavirus outbreak has taken the world by storm and as countries scramble to fight the virus, the tech giants are fighting a totally different battle. Ever since the outbreak became global,ย tech companies are fightingย to take down fake news and misinformation about the novel Coronavirus. Last week, bothย Facebookย andย Amazonย took stepsย to remove products that were claiming to cure or protect people from Coronavirus.

Now, Facebook has announced that the company will not be allowing face mask ads on its platforms to prevent price gouging.

In a statement given to TechCrunch, a Facebook spokesperson confirmed the news which is aimed at prevents people from profiting off a health emergency.

We are temporarily banning advertisements and commerce listings that sell medical face masks. Our teams are monitoring the COVID19 situation closely and will make necessary updates to our policies if we see people trying to exploit this public health emergency.

– Facebook

The company will also be limiting any ads related to medical or essential supply that might cause panic or create a sense of urgency.

The Novel Coronavirus outbreak has also forced companies to cancel their events. Last month, GSMAย announcedย its decision to cancel MWC 2020 after most of the big players dropped out. This was then followed by Facebookย cancellingย F8 summit, Microsoftย cancellingย Ignite Tour inย several countriesย and theย cancellationย of GDC 2020. Facebook has alsoย cancelledย its Global Marketing Summit which was followed by Oppo and Xiaomiย cancellingย their respective events. Earlier this week, Microsoftย cancelledย the MVP Global Summit whileย Adobeย andย Google cancelled their respective events.

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