Published

EU slaps Meta with a nearly 800 million euro fine for engaging in 'abusive' Marketplace practices

  • The European Union imposed a nearly 800 million euro fine on Meta for engaging in 'abusive practices' with its Marketplace online classified ads business.
  • The European Commission's investigation found that Meta abused its dominant position and distorted competition.
  • Meta was accused of imposing 'unfair trading conditions' on competitors and forcing Facebook users into Marketplace.
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  • 41% of the sources lean Left
41% Left
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