Published

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

  • The European Union fined Meta nearly 800 million euros for engaging in 'abusive practices' with its Marketplace online classified ads platform.
  • The European Commission described Meta's actions as distorting competition by tying Marketplace to its social network, exposing users without consent.
  • Meta plans to comply with the order to cease the conduct but has vowed to appeal the decision.
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