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 abusive practices involving its Marketplace online classified ads business, marking its first antitrust fine to the company.
- The European Commission found that Meta's actions distorted competition by tying its ad business to its social network, exposing users to Marketplace without consent.
- Meta plans to comply with the order but also intends to appeal the decision regarding the fine.
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Coverage Details
Total News Sources0
Leaning Left37Leaning Right18Center36Last UpdatedBias Distribution41% Left
Bias Distribution
- 41% of the sources lean Left
40% Center
L 40%
C 40%
R 20%
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