Meta fined €798m over ‘unfair’ Facebook Marketplace

By 2024-11-14Science & Tech

Meta has been fined €798m (£664m) for breaking competition law by embedding Facebook Marketplace within its social network.

The European Commission said this meant alternative classified ads services had faced “unfair trading conditions”, making it harder for them to compete.

In addition to the fine, it has ordered Meta to stop imposing these conditions on other services.

Meta said it rejected the Commission’s findings and would appeal.

EU antitrust head Margrethe Vestager said Facebook had impeded other online classified ads service providers.

“It did so to benefit its own service Facebook Marketplace ... Read even more

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