On Thursday, the European Commission fined Meta almost 798 million euros (about $840 million).
AdvertisementMeta was fined almost 798 million euros (about $840 million) for breaching European rules by linking Facebook Marketplace to its social network Facebook and imposing unfair trading conditions on other classified platforms.
The European Commission said Thursday that all Facebook users are "regularly exposed to Facebook Marketplace whether they want it or not."
AdvertisementVestager said Meta's "conduct benefited Facebook Marketplace and gave it "advantages that other online classified ads service providers could not match."
Advertisement"The reality is that people use Facebook Marketplace because they want to, not because they have to."
Persons:
Meta, —, Margrethe Vestager, Vestager
Organizations:
European, Meta, Service, Facebook, European Commission