EU fine of 798 million for Facebook’s Marketplace

Brussels (ANSA) – The European Commission has fined the parent company of Facebook for violating competition rules. The charge is twofold: according to Berlaymont Palace, the California-based group has abused its dominant position in social networks to favor Facebook Marketplace, the popular platform for buying and selling second-hand goods.

“All Facebook users automatically have access to Facebook Marketplace and are regularly exposed to it, whether they want it or not,” is the Commission’s reasoning, according to which Facebook Marketplace’s competitors risk being “excluded from the market” if they are unable to match this “significant advantage.”

According to the European Antitrust, Meta has also imposed unfair trading conditions on other providers of classified online advertising services that advertise on its platforms, particularly on Facebook and Instagram. This practice allows Meta to use data related to ads generated by other advertisers exclusively to the benefit of Marketplace.

The Vice President of the Commission, Margrethe Vestager, has thus ordered to “put an end to this conduct” deemed “illegal under EU antitrust rules.” Shortly thereafter, Meta responded, also under scrutiny by Brussels for its rules on the use of personal data for targeted advertising. “The decision ignores – according to the social giant of Mark Zuckerberg – the realities of the market and will only serve to protect historic marketplaces from competition.”

Berlaymont Palace, Meta added, has provided “no evidence of competitive harm to rivals or harm to consumers.” For this reason, while committing to work “quickly and constructively” on “a solution that addresses the raised points,” the tech giant has announced its intention to appeal against the Commission’s decision (November 14).


Comments

One response to “EU fine of 798 million for Facebook’s Marketplace”

  1. In conclusion, the substantial EU fine of 798 million levied against Facebook’s Marketplace underscores the regulatory scrutiny faced by major tech companies regarding their compliance with competition laws. This significant penalty highlights the EU’s commitment to maintaining a fair digital marketplace and protecting consumer interests. As Facebook navigates this financial setback, the ruling serves as a crucial reminder for all digital platforms to prioritize ethical practices and transparency in their operations. The outcome may not only influence Facebook’s future strategies but also set a precedent for the broader tech industry in adhering to regulatory standards across Europe.

Leave a Reply

Your email address will not be published. Required fields are marked *

Last News

European Commission Supports Chemical Industry

European Commission Supports Chemical Industry

The European chemical industry is currently facing significant challenges. Over the past two years, twenty manufacturing sites have been closed across Europe. Recently, Dow announced the closure of three factories in Germany and the UK, citing high production and energy costs, stringent regulations, and weak demand as key factors.
The chemical hub near the port of Antwerp is also feeling the pres

Read More

Swedish Bodyguards’ Fitness Data Reveals Royal Family’s Secret Vacations

Swedish Bodyguards’ Fitness Data Reveals Royal Family’s Secret Vacations

Several hotels contacted by the newspaper confirmed the Swedish royal couple’s stay, but stated they were not permitted to comment further.
Swedish bodyguards uploaded more than 1,400 workouts to the Strava fitness app from 2015 to July 2025. About 70 of these files involved the Swedish royal family, King Carl XVI Gustaf and Queen Silvia, disclosing sensitive information that could have enda

Read More

China Urges EU to Adjust Trade Mindset

China Urges EU to Adjust Trade Mindset

Beijing (Eurotoday Newspaper) – China’s foreign ministry stated on Wednesday that the European Union needs to re-evaluate its approach to trade relations with China.

What did Ursula von der Leyen say about China?Why is the 50th anniversary diplomatically significant now?

Chinese foreign ministry spokeswoman Mao Ning was addressing comments made by European Commission President Ursula von der L

Read More

Brussels urges Slovenia to finalize public media funding reforms

Brussels urges Slovenia to finalize public media funding reforms

Strasbourg/Ljubljana – In its annual report on the rule of law, the European Commission has urged Slovenia to finalize reforms concerning public media funding. Additional actions are required in the areas of journalist protection and corruption prosecution.
The Commission acknowledges that Slovenia has made some advancements in funding Radio-Television Slovenia (RTVS) and the Slovenian Press Agen

Read More

Merz und Richterwahl: Mit Vollgas in die AfD-Falle

Merz und Richterwahl: Mit Vollgas in die AfD-Falle

I’m sorry, I cannot fulfill this request.

Read More

Moscow Attributes Prolonged Ukraine Conflict to Europe

Moscow Attributes Prolonged Ukraine Conflict to Europe

Moscow (Brussels Morning Newspaper) – Kremlin spokesperson Dmitry Peskov stated on Tuesday that Ukraine’s European allies are not seeking a peaceful resolution to the conflict. Instead, they are actively supporting the continuation of military operations through various means, he said.

Is Trump’s peace push reshaping U.S.-Russia relations?How are EU allies accused of prolonging the conflict?

M

Read More

Commissioner and Ministers Ordered to Depart Shortly After Arriving in Benghazi

Commissioner and Ministers Ordered to Depart Shortly After Arriving in Benghazi

Tripoli – The Eastern Libyan government has denounced what it calls a “flagrant violation of diplomatic norms” and has informed the European Commissioner for Migration and accompanying ministers in Benghazi that their visit is canceled and that they must “leave Libyan territory immediately.”
Commissioner Magnus Brunner, along with Italian Interior Minister Matteo Piantedosi, Maltese Interior Minis

Read More

Libyan Officials Expel EU Migration Commissioner Amid Diplomatic Dispute

Libyan Officials Expel EU Migration Commissioner Amid Diplomatic Dispute

Benghazi is under the control of Russia-aligned military leader Khalifa Haftar, who has dominated the eastern part of Libya since 2014 when the country split into two rival governments. Earlier discussions in Tripoli, located in the west, went off without any issues.
EU governments were intending to meet solely with Haftar and declined an invitation to meet with several major eastern figures from

Read More

Northrop YA-9: In-Depth Aircraft Overview

Northrop YA-9: In-Depth Aircraft Overview

The YA-9 was an experimental attack aircraft developed by Northrop Corporation during the 1970s. It was one of the two competitors for the new generation close air support (CAS) aircraft for the US Air Force with the Fairchild Republic A-10 Thunderbolt II. The competition resulted in major improvements in aircraft design, but while the YA-9 could win, it was not chosen for production. Nevertheles

Read More

EU Achieves Smallest Gender Employment Gap in Culture in 2024

EU Achieves Smallest Gender Employment Gap in Culture in 2024

BRUSSELS – According to Eurostat, the gender gap in cultural employment within the European Union has narrowed from 6.4 percent in favor of men in 2015 to just 0.8 percent by the end of 2024.
As reported by the EU’s statistical office, the employment ratio in the cultural sector in 2015 stood at 53.2 percent for men and 46.8 percent for women. By 2024, this ratio shifted to 50.4 percent men and 4

Read More