EU fines Meta £660m for competition rule breaches over Facebook Marketplace

City A.M.

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The European Commission has fined Meta €797m (£663m) for what it says are breaches of EU competition law related to the social media giant’s classified ads service, Facebook Marketplace. The Commission said by tying Marketplace to its Facebook social media platform, consumers on Facebook were regularly exposed to Marketplace whether or not they wanted to be, and [...]

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