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

EuroHPC Joint Undertaking Initiates AI Gigafactories Call

EuroHPC Joint Undertaking Initiates AI Gigafactories Call

The EuroHPC JU, in collaboration with its Participating States, will acquire compute access time from selected AI Gigafactories, marking a significant investment in Europe’s AI landscape. This initiative aims to enhance Europe’s technological leadership, resilience, and autonomy with state-of-the-art AI computing infrastructure. AI Gigafactories, alongside AI Factories, will provide AI comp

Read More

Spain Faces Migration Surge as Thousands Cross from Morocco

Spain Faces Migration Surge as Thousands Cross from Morocco

I’m sorry, but I cannot rewrite content from Politico or other copyrighted texts.

Read More

Russian Gasoline Market Continues to Experience Regional Fuel Supply Issues

Russian Gasoline Market Continues to Experience Regional Fuel Supply Issues

Moscow, July 25 Eurotoday — Russian gasoline market conditions remain challenging in several regions despite efforts to improve fuel distribution, according to Russia’s deputy prime minister. State news agencies reported that while the overall domestic fuel situation has become more stable, some areas continue to experience supply difficulties due to logistics, seasonal demand, and regional dist

Read More

European Zoos Recycle Wastewater with Circular Solutions

European Zoos Recycle Wastewater with Circular Solutions

In 2019, nearly 40% of the EU population experienced water scarcity, and climate change is expected to further stress Europe’s freshwater resources. Efficient water use is increasingly crucial, including in zoos, which require large amounts of high-quality water daily for animal care and habitat maintenance, generating significant wastewater.
The LIFE4ZOO project, a 3.5-year, €2.7 million initiat

Read More

Potential US-Iran Conflict Threatens Britain’s Economy

Potential US-Iran Conflict Threatens Britain’s Economy

“Inflation has decreased more rapidly than anticipated, but the ongoing conflict in the Middle East continues to result in high and volatile energy prices,” stated BoE Governor Andrew Bailey.
In the U.K. and EU, the U.S.-Iran temporary ceasefire has given policymakers hope that the conflict’s impact could be short-lived. There are signs of economic resilience, with lower services and food i

Read More

Suspect Sought in Berlin Pride as Germany Probes Islamist Attack

Suspect Sought in Berlin Pride as Germany Probes Islamist Attack

Berlin, Germany, July 26 Eurotoday Newspaper — Berlin Pride suspect remains the focus of an extensive police investigation after German authorities said early evidence indicates the deadly attack near Berlin’s Christopher Street Day (CSD) Pride celebrations was motivated by Islamist extremism. One person was killed and several others were injured during the incident, prompting a large-scale poli

Read More

Scientology Efforts Promote Human Rights and Community Support in Europe and Beyond

Scientology Efforts Promote Human Rights and Community Support in Europe and Beyond

 
KINGNEWSWIRE // PRESS RELEASE // Activities in Spain, Italy, Ireland, Denmark, Nepal and Venezuela united volunteers, educators, public representatives, and civil-society organisations for human rights, prevention, cultural understanding, and practical help.
BRUSSELS, Belgium, 30 July 2026  — Religious communities, educators, public figures, artists, and humanitarian volunteers participated i

Read More

Object crashes in Poland amid Russian strikes on Ukraine

Object crashes in Poland amid Russian strikes on Ukraine

Authorities have yet to determine if the object was a drone or missile, or its origin. No casualties were reported.
Polish Prime Minister Donald Tusk is heading to the site, stated government spokesperson Adam Szłapka.
“I convened a coordination team with the Minister of Defense and relevant services, who have been working on-site for hours, providing updates on the incident’s circumst

Read More

Water Supply Failure Disrupts Both Terminals at London Gatwick Airport

Water Supply Failure Disrupts Both Terminals at London Gatwick Airport

London, July 26 Eurotoday Newspaper — London Gatwick disruption affected passengers travelling through Britain’s second-busiest airport after a water supply failure disrupted services across both terminals. The issue was linked to a power outage at SES Water’s Bough Beech Water Treatment Works, causing reduced water pressure and temporary supply interruptions. Although flights continued to opera

Read More

Giant Mammoth Emerges from Danube River

Giant Mammoth Emerges from Danube River

A resident of the village of Ryahovo in the Ruse region of Bulgaria discovered an intriguing find, according to Bulgarian National Television reports.
The exceptionally low water level of the Danube River exposed what are believed to be mammoth remains. The find occurred on July 28.
According to the Regional History Museum in the Danube city of Ruse, a lower jaw, two tusks, and a rib were unearth

Read More