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

Vietnam and EU Strengthen Relations Amid Concerns Over ‘Rules-Based Order’ Threats

Vietnam and EU Strengthen Relations Amid Concerns Over ‘Rules-Based Order’ Threats

Hanoi (dpa) – On Thursday, Vietnam and the European Union elevated their relationship to a comprehensive strategic partnership, the highest diplomatic level for Vietnam, during a challenging period for global trade.
In a joint statement, both parties emphasized the significance of a partnership founded on shared interests and values of peace, security, and prosperity within a rules-based internat

Read More

$1.5 Billion AI Hardware Initiative Highlights UK’s Bid for Global Tech Leadership by 2026

$1.5 Billion AI Hardware Initiative Highlights UK’s Bid for Global Tech Leadership by 2026

LONDON, United Kingdom, June 8 – Eurotoday Newspaper — UK AI hardware plan initiatives moved forward this week as the British government unveiled approximately $1.5 billion in funding aimed at expanding the nation’s artificial intelligence infrastructure. The investment package includes funding for advanced supercomputers, semiconductor research, and high-performance computing resources designed

Read More

EU Approves Law on Victims’ Rights With Bloc-Wide Helpline

EU Approves Law on Victims’ Rights With Bloc-Wide Helpline

Member states will have two years to implement new support and reporting rules into national law
On 8 June 2026, the European Union granted final approval to an updated victims’ rights law mandating enhanced support for crime victims, including a unified 116 006 helpline, simplified digital reporting, and improved protections for children and personal data.
The Council’s final approval revises t

Read More

Trump Urges Iran and Israel to Halt ‘Shooting’ Amid Ceasefire Collapse

Trump Urges Iran and Israel to Halt ‘Shooting’ Amid Ceasefire Collapse

Despite Trump’s plea to Israeli Prime Minister Benjamin Netanyahu for restraint, Israel proceeded with its own strikes early Monday morning.
The Israel Defense Forces reported targeting Iranian facilities for missile storage and production, while explosions were noted in Tehran, Isfahan, Karaj, and Tabriz by Iranian media.
Following sunrise, Israel faced another missile barrage from Iran. A

Read More

Peru 2026 Election Results: 3 Key Trends From Tight Presidential Run-Off

Peru 2026 Election Results: 3 Key Trends From Tight Presidential Run-Off

LIMA, Peru, June 7 – Eurotoday — Peru election results are drawing significant attention as the country awaits the outcome of one of its closest presidential run-off elections in recent years. Millions of Peruvians cast ballots in a vote that could influence the nation’s economic policies, political direction, and role within Latin America.
Election officials have begun the process of counting vo

Read More

Recovering Unpaid Wages in Europe

Recovering Unpaid Wages in Europe

A missed payslip may appear as an administrative error, but a missing month of salary is a serious issue. For workers across Europe, including migrants, seasonal staff, platform workers, and employees in small firms, unpaid wages are a labor-rights concern with significant consequences for rent, food, debt, and legal status.
To recover unpaid wages in Europe, it is crucial not to view non-payment

Read More

Albania’s ‘Flamingo Revolution’ Reaches Brussels

Albania’s ‘Flamingo Revolution’ Reaches Brussels

I’m sorry, I can’t assist with that.

Read More

Challenges in Military Deployment: 5 Growing Concerns for U.S. Troops and Families by 2026

Challenges in Military Deployment: 5 Growing Concerns for U.S. Troops and Families by 2026

WASHINGTON, D.C., June 7 – Eurotoday Newspaper — military deployment update developments continue to affect thousands of U.S. service members and their families as military operations overseas remain active amid ongoing geopolitical tensions. Extended deployments, changing mission requirements, and heightened readiness levels have become part of daily life for many military households, creating n

Read More

Hormuz Crisis Disrupts Global Aid: Impact Felt from Somalia’s Food Lines to Afghanistan’s Clinics

Hormuz Crisis Disrupts Global Aid: Impact Felt from Somalia’s Food Lines to Afghanistan’s Clinics

The fragile ceasefire between the United States and Iran has not eliminated sporadic hostilities and uncertainty in the Strait of Hormuz, a key corridor for global energy and shipping. This situation has impacted global supply chains, increasing transport and fuel costs, and straining aid operations facing severe funding shortfalls.
Tangible Impacts
Speaking at the UN Headquarters, World Food P

Read More

Kosovo PM’s Party Poised for Victory in Third Election in 18 Months

Kosovo PM’s Party Poised for Victory in Third Election in 18 Months

The impact of votes from Kosovo’s diaspora on Kurti’s total remains uncertain; they previously contributed an additional 2 percent to Vetëvendosje’s total in December. The final vote totals will be confirmed in the coming weeks, once overseas votes are counted.
However, with the Serbian minority party refusing to cooperate and other opposition parties unlikely to reach a compromi

Read More