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

Traffic Disruption Expected in Aarschot Centre Due to Utility Works

Traffic Disruption Expected in Aarschot Centre Due to Utility Works

Aarschot (Eurotoday Newspaper) – Work to install utilities commenced in the center of the town of Aarschot: traffic disruptions near Koemarkt and Bekaflaan. Fluvius commenced another phase of work to install utilities in the center of Aarschot from Monday. Any driver passing through the area near Koemarkt and Bekaflaan should be aware of traffic disruptions.
First phase is taking place in Bekafl

Read More

Bankruptcies in EU Increase While Business Registrations Decline

Bankruptcies in EU Increase While Business Registrations Decline

Business bankruptcy declarations surged in the European Union during the second quarter of 2026 as new legal entity registrations fell slightly. This suggests a challenging environment for several firms, though growth in information and communications registrations indicates varied pressure across sectors, countering a uniform economic decline.
Eurostat reported a 5.7% rise in seasonally adjusted

Read More

UK Defense Secretary’s Phone Number Found Online After Burnham Hit by Texting Scam

UK Defense Secretary’s Phone Number Found Online After Burnham Hit by Texting Scam

All three ministers refused to provide an official comment. The reference to Streeting’s number online has been removed, and efforts are being made to delete the other two. Ministers receive secure government devices for conducting official business, particularly those in high-risk positions like defense, and are expected to use these for non-personal communications. A government spokesperson stat

Read More

Flanders Provides Just One-Third of Promised Childcare Places

Flanders Provides Just One-Third of Promised Childcare Places

Flanders (Brussels Morning Newspaper) – Less than one-third of new childcare spots promised in Flanders have actually materialized. Up to 2,000 out of the over 6,000 new childcare spots promised in Flanders since the beginning of the present legislative mandate have actually been put in place.

How many new childcare places have actually been activated?
Why is Flanders struggling to expand chil

Read More

Spain Extends Almaraz Operations to 2030

Spain Extends Almaraz Operations to 2030

The decision delays Spain’s nuclear phase-out and reopens questions over energy security, waste and transition planning
Spain has granted both reactors at the Almaraz nuclear power plant permission to operate until 8 June 2030, shifting closure dates originally set for 2027 and 2028. This extension provides the electricity system with more low-carbon power amidst international energy uncertainty

Read More

Latvia seeks €7B from EU to manage impacts of Russia’s war

Latvia seeks €7B from EU to manage impacts of Russia’s war

The call comes at a crucial time. Latvia, a strong advocate for Ukraine, has significantly boosted its defense expenditure following Russia’s full-scale invasion, despite the detrimental impact on its eastward economic ties. However, ahead of the national election on October 3, parties suggesting that Riga should seek more returns for its sanctions and military assistance are gaining momentu

Read More

Bangkok Gun Traders Challenge Thailand’s Stricter Firearms Regulations

Bangkok Gun Traders Challenge Thailand’s Stricter Firearms Regulations

Bangkok, Thailand, 17 August (Brussles Morning Newspaper) The Thailand gun crackdown is putting growing pressure on firearms dealers in Bangkok’s historic gun district, where traders say restrictions on legal sales risk hurting established businesses without addressing the country’s large illicit weapons market.
The government has moved to tighten controls after a series of deadly shootings, inc

Read More

Number of Cells in the Human Body

Number of Cells in the Human Body

For years, the number 37 trillion cells was widely accepted in popular science. This estimate originated from a 2013 study where scientists initially counted cell types in the human body.
A large-scale study in the journal PNAS challenged this, analyzing over 1,500 scientific publications to determine the cell mass for people of various sexes, ages, and weights:

Adult man (70 kg): approximately

Read More

Burnham Communicated with Fake Trump Aide

Burnham Communicated with Fake Trump Aide

The British embassy in Washington expressed significant concern to the White House regarding an incident, according to two officials who spoke under anonymity due to national security matters.
Within the U.K. government, there was apprehension that Wiles’ phone might have been hacked once more. The White House chose not to comment.
Previously, the White House and the FBI initiated an investi

Read More

Trump Envoys Seek Breakthrough on Gaza Peace Plan in Cairo

Trump Envoys Seek Breakthrough on Gaza Peace Plan in Cairo

Cairo, Egypt, 16 August (Brussles Morning Newspaper) Donald Trump’s envoys have joined a fresh round of high-level talks in Egypt aimed at breaking the deadlock over the Gaza peace plan, bringing US representatives together with Egyptian, Qatari and Turkish mediators as the future of the ceasefire hangs on unresolved demands from Israel and Hamas.
Jared Kushner and former UN Middle East envoy Ni

Read More