Unlike in the United States, where promising Internet startups can expect venture capitalists to come calling early, entrepreneurs in Europe face a shortage of financing.
The move, which includes caps on roaming fees for data downloads, ensures that the charges for calling and surfing the Internet abroad will decline in each of the next three years.
Seeking to address criticism of its privacy practices, the social networking site said it would provide a downloadable archive of the many types of data on individuals that it stores and tracks.
The new price controls will serve as an extension of a cap on roaming fees for voice service and text messaging that have been in effect in the 27-nation European Union since 2007.
A consumer group with representatives from 31 European countries is calling for a quick resolution of an inquiry into the company's search and advertising practices.
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