The EU fines Meta €797.72M for tying Facebook Marketplace to Facebook and “imposing unfair trading conditions” on rival websites, the first such fine for Meta
Facebook is undermining rivals by ‘tying’ its free Marketplace services with the social network, Brussels says
Financial Times Javier Espinoza
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Discussion
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@eu_competition
@eu_competition
on x
🔴The 🇪🇺 Commission fines Meta €797.72 million over abusive practices benefitting Facebook Marketplace 👇 For more information ⬇️ 🔗 https://europa.eu/!Cpt4R9 #EUCompetition [image]
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@gateklons
@gateklons
on x
“We aim to make announcements shortly to reassure our European users that Facebook Marketplace is here to stay.” Not exactly the “one more fine and we're pulling out of the EU” some across the Atlantic are happy to fan the flames of, eh? https://about.fb.com/...
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@metanewsemea
@metanewsemea
on x
We disagree with the European Commission's decision on Facebook Marketplace - read why here 👇 https://about.fb.com/...
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@lewis_crofts
Lewis Crofts
on x
Meta gets fine 797 million by the @EU_Commission Fine is chunky but not of the levels of Apple and Google. Interesting dual prong of “exploitation” (tying) and “exclusion” (data terms & conditions). That is rare. https://ec.europa.eu/...