The European Commission fined Meta 800 million euros for violating competition with Facebook and Marketplace
21.11.24
The European Commission fined Meta €797.72 million for antitrust violations. The investigation found that the company abused its dominant position in the market of social networks and advertising, promoting its own Marketplace service and putting competitors on unequal terms.
According to the EC’s statement, Meta used advertisers’ data to promote Marketplace and also integrated the platform into Facebook in such a way that users could not effectively avoid using it. Such actions, according to the regulator, allowed the company to strengthen its positions in both areas — social media and online advertising.
The European Commission emphasizes that the amount of the fine is determined taking into account the seriousness and duration of the violation. Meta is ordered to cease this practice and avoid similar actions in the future.
In response, Meta stated that it disagrees with the regulator’s findings and intends to appeal the decision. Company representatives emphasized that the use of the Marketplace remains voluntary for users, and accusations of illegal use of competitor data are untrue.
Don't miss interesting news
Subscribe to our channels and read announcements of high-tech news, tes
Oppo A6 Pro smartphone review: ambitious
Creating new mid-range smartphones is no easy task. Manufacturers have to balance performance, camera capabilities, displays, and the overall cost impact of each component. How the new Oppo A6 Pro balances these factors is discussed in our review.
Logitech G29 Gaming Wheel review: super car on a table
We’ll tell you about the Logitech G29 gaming wheel for PC and PlayStation, as well as the 6-speed Driving Force Shifter add-on.
Study: People started copying phrases from AI chatbots artificial intelligence research
After the appearance of ChatGPT, YouTube video creators began to use words characteristic of the language of large language models much more often.
Windows operating system turns 40 history Windows
The history of Windows began in the late seventies, when Microsoft decided to create a graphical shell for its DOS.


