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

Berlin Mayor Withdraws from Reelection Over Blackout Falsehood

Berlin Mayor Withdraws from Reelection Over Blackout Falsehood

Wegner’s conservative Christian Democratic Union (CDU) secured 28.2 percent of the votes in Berlin’s snap election in February 2023, following a Constitutional Court order to rerun the 2021 vote due to irregularities.
Since then, the party’s support in Berlin has fallen to 17 percent, reflecting a broader national trend. The CDU has lost standing to the far-right Alternative for German

Read More

Media Coverage: Essential for Business Growth in 2026

Media Coverage: Essential for Business Growth in 2026

London, July 10, Eurotoday – Media coverage for business is becoming one of the most valuable assets for companies looking to grow in an increasingly competitive marketplace. Public relations experts say businesses are investing more in news coverage to improve credibility, strengthen their online presence, and attract new customers. As consumers seek trustworthy information before making purcha

Read More

France Moves Within One Match of World Cup Final

France Moves Within One Match of World Cup Final

Mbappé and Dembélé overcame Morocco’s challenge in Boston, but the quarter-final highlighted the demands on Europe’s top teams in this expanded tournament
France advanced to the FIFA World Cup semi-finals with a composed 2-0 victory over Morocco in Boston, where second-half goals from Kylian Mbappé and Ousmane Dembélé transformed a tense quarter-final into a demonstration of French dominance. Mo

Read More

Police Investigate Ann Widdecombe’s Death as Murder

Police Investigate Ann Widdecombe’s Death as Murder

Prime Minister Keir Starmer emphasized the need to “rise above any political differences” to focus on finding Ann Widdecombe’s killer. He praised the former MP as a “distinguished politician” with “many achievements,” noting her death as a “huge, huge loss.”
Throughout the day, tributes were paid to Widdecombe, a long-time Conservative MP who s

Read More

Business Credibility Influences Investment, Hiring, and Customer Confidence

Business Credibility Influences Investment, Hiring, and Customer Confidence

London, July 10, Eurotoday Newspaper – Business credibility is emerging as a major factor influencing investment decisions, recruitment, and customer trust as companies compete in a rapidly evolving digital economy. Industry experts say businesses with strong reputations, transparent communication, and positive online visibility are gaining an advantage in attracting investors, talented professi

Read More

Venezuela Earthquake Disaster: Needs ‘Skyrocketing,’ Say Relief Agencies

Venezuela Earthquake Disaster: Needs ‘Skyrocketing,’ Say Relief Agencies

A compelling story has emerged about the rescue of a three-year-old in the severely affected northern region, where thousands still lack adequate shelter following the powerful earthquakes of magnitudes 7.2 and 7.5 that struck just seconds apart on June 24.
As the casualty count climbs, the urgent needs of the affected population are increasing, according to an online alert from the UN refugee ag

Read More

Senior Democrat Supports Trump’s Call for Increased European Defense Spending

Senior Democrat Supports Trump’s Call for Increased European Defense Spending

Emanuel stated, “The truth is we’re responsible for letting you get dependent on us.”
When asked about Trump’s call for increased defense spending, Emanuel replied, “Of course he does.”
Emanuel supported Trump’s proposal for NATO allies to allocate 5 percent of their GDP to defense by 2035, a commitment made at the 2025 NATO summit in The Hague. This proposal received criticism from Spanish Prime

Read More

Trump Shifts From Threats to Praise, Leaving NATO Allies Guessing at Summit

Trump Shifts From Threats to Praise, Leaving NATO Allies Guessing at Summit

ANKARA, July 09, Eurotoday Newspaper – The latest NATO summit in Ankara saw leaders of America’s allies grappling with the unpredictable nature of Donald Trump. As the U.S. president joined them, attendees faced a dichotomy: a leader who frequently praises the dedication of the alliance while simultaneously threatening to implode its foundations. This latest gathering proved that both sides of h

Read More

Spain Dismisses Trump’s Claim of Capitulation on Defense Spending

Spain Dismisses Trump’s Claim of Capitulation on Defense Spending

“I had issues with Spain, but they’ve resolved them today. Spain was very generous, as I told them I’d stop trading,” Trump said aboard Air Force One, noting that Spain honored a payment request.
Trump’s remarks caused confusion in Madrid.
After the comments surfaced Thursday, Spanish Foreign Minister José Manuel Albares told RTVE he was unsure what Trump referred to, stating, “O

Read More

Putin Rejects Peace Efforts, Likely to Intensify Ukraine War

Putin Rejects Peace Efforts, Likely to Intensify Ukraine War

MOSCOW, July 09, Eurotoday Newspaper – Russian President Vladimir Putin is rejecting calls for peace negotiations with Ukraine and is instead highly likely to escalate the war in the coming months, according to an exclusive report by Reuters. This revelation from three sources close to the Kremlin sharply contradicts optimistic public statements from U.S. President Donald Trump, who recently cla

Read More