Is it possible to deconstruct a Facebook Ad of my competitor?

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Hi, Is it possible to somehow find out more about a Facebook Ad that a competitor of mine has set up? I.e. budget spent, target audience etc. I've noticed a competitor of mine has got an advert up on Facebook, and is receiving a lot of interaction through it. I was just wondering how he's managed to target such an appropriate market.
#competitor #deconstruct #facebook #facebook ad #target audience

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