Backpage.com shut down, with new ads coming to the site

Canada’s largest backpage.ca was shut down by the country’s largest internet advertising company Monday, as it re-opened with ads that will not violate the terms of service.

Article Continued BelowArticle Continued BELOWarticle The online ad platform has been under investigation by Canada’s advertising watchdog and the Federal Trade Commission (FTC) for allegedly misleading consumers by promising advertisers an easy-to-use platform for buying, selling and sharing ads.

In a statement, Backpage Canada said it is “fully committed to being a responsible business,” and “has worked closely with the FTC to ensure we adhere to our Terms of Service and adhere to applicable law and regulations.”

A spokesperson for the FTC said the agency will continue to work with the company.

The FTC is looking into allegations that Backpage has been selling goods on Backpage without a buyer’s permission.

Backpage Canada did not immediately respond to a request for comment.

The company said it will be posting a new ad format and new privacy policy.

Backpage was founded in 2002 by Craig Newmark, who has been charged with securities fraud and money laundering, and he was convicted in 2013 of violating the federal securities laws.

In December, the Federal Court of Canada ruled that BackPage had broken the law by allowing users to use its classified advertising platform to advertise to buyers without consent.

In October, the company settled with the Federal Election Commission (EFC) and agreed to pay $100 million to the commission.

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