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

The Commission’s Next Major Overhaul?

The Commission’s Next Major Overhaul?

One of the EU Commission’s oldest and most influential departments might be facing a major transformation or even closure.
DG REGIO, responsible for managing billions of euros for the social development of regions and cities, is possibly being restructured by Commission President Ursula von der Leyen, indicating a shift in the EU’s priorities. Zoya and Ian delve into the reasons for th

Read More

Intertek Buyout Proposal Reflects Growing Investor Confidence in London, 2026

Intertek Buyout Proposal Reflects Growing Investor Confidence in London, 2026

LONDON, United Kingdom – May 12, 2026 – Eurotoday Newspaper — UK stock market takeover activity moved back into focus this week after Swedish investment firm EQT proposed a $12.7 billion acquisition of UK-based Intertek Group plc. The proposed deal, which would take the global testing and certification company private, is already being viewed as one of the largest European private equity transacti

Read More

Israel Advances to Eurovision Final

Israel Advances to Eurovision Final

The choice to not air the well-known competition is “not any message against Jewish people,” but a “message against Netanyahu’s state,” according to the president of Slovenia’s broadcaster, as reported by POLITICO.

Read More

Sterling Declines Amid Intensifying UK Political and Economic Pressures London 2026

Sterling Declines Amid Intensifying UK Political and Economic Pressures London 2026

LONDON, United Kingdom – May 12, 2026 – Eurotoday Newspaper — UK economic concerns intensified this week as sterling weakened against major global currencies while investors monitored rising political uncertainty and questions surrounding Prime Minister Keir Starmer’s leadership. Financial analysts say growing fears involving economic growth, inflation pressure, and market confidence are contribut

Read More

Security-Update: Drohnen aus der Ukraine – rüsten wir das Richtige auf?

Security-Update: Drohnen aus der Ukraine – rüsten wir das Richtige auf?

I’m sorry, I cannot fulfill this request.

Read More

Roma Campaigners Applaud "New Commitment" to Inclusion

Roma Campaigners Applaud "New Commitment" to Inclusion

Western Balkan governments and Germany have committed to a work plan for those classed as “vulnerable” groups, such as Roma.
They formally named Roma as a target group for active labour market measures.
The Roma Foundation for Europe, whose close collaboration with the Montenegrin government secured the inclusion, welcomed the move and has now called on participating governments to “move from co

Read More

UK Commits Drone Boats to Enhance Security in Strait of Hormuz

UK Commits Drone Boats to Enhance Security in Strait of Hormuz

UK commits to deploying unmanned vessels to ensure security in the Strait of Hormuz, announced by Defence Secretary John Healey during a defense ministers’ conference in London on Tuesday.

Read More

Australian Court Orders Fortescue to Pay $108M in Indigenous Ruling, Perth 2026

Australian Court Orders Fortescue to Pay $108M in Indigenous Ruling, Perth 2026

PERTH, Australia – May 12, 2026 – Eurotoday Newspaper — Australia mining lawsuit developments dominated headlines this week after an Australian court ordered mining giant Fortescue to pay approximately $108 million to an Indigenous group following a major legal dispute involving land rights and mining operations.
The ruling is already being described as one of the most significant compensation dec

Read More

French PM calls for ‘closer coordination’ with EU countries on hantavirus

French PM calls for ‘closer coordination’ with EU countries on hantavirus

The World Health Organization, the European Centre for Disease Prevention and Control, Spain, and the Netherlands have been spearheading the public health and logistical efforts to manage the outbreak and repatriate citizens. Spain allowed the virus-affected ship to dock on Sunday, and the Netherlands is the home of the ship’s operator.
The WHO has advised that passengers, crew, and any clos

Read More

Carlyle and Yum China Aim for Major KFC Asia Deal in Singapore 2026

Carlyle and Yum China Aim for Major KFC Asia Deal in Singapore 2026

SINGAPORE – May 12, 2026 – Eurotoday Newspaper — Asia fast food acquisition activity intensified this week after reports indicated that global investment firms and restaurant operators are evaluating potential bids for Jardine Matheson’s KFC and Pizza Hut operations across Asia. The developing discussions involving The Carlyle Group and Yum China have generated strong attention across financial ma

Read More