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

Portugal and Spain Bear Europe’s World Cup Hopes

Portugal and Spain Bear Europe’s World Cup Hopes

Monday’s Dallas clash sees two Iberian teams, two football eras, and raises questions about Europe’s depth in an expanded World Cup
Portugal and Spain face off in Dallas on Monday in a World Cup round-of-16 match that goes beyond a border rivalry. Spain comes as European champions with a clean knockout win, while Portugal, led by Cristiano Ronaldo, pursue the major international title missing fr

Read More

Belgium Considers Palestinian Recognition Following Hamas Withdrawal from Gaza Governance

Belgium Considers Palestinian Recognition Following Hamas Withdrawal from Gaza Governance

European support for recognizing Palestinian statehood has increased in recent years due to Israel’s war in Gaza, initiated in response to an attack by Hamas on October 7, 2023. The Hamas assault resulted in approximately 1,200 fatalities in Israel, mostly civilians, and 251 hostages were taken.
The health ministry in Gaza, governed by Hamas, reported more than 73,000 Palestinian deaths caused by

Read More

AI Manufacturing Market Grows with Solstice’s $14.5 Billion Acquisition of Element Solutions

AI Manufacturing Market Grows with Solstice’s $14.5 Billion Acquisition of Element Solutions

New York, July 06, Eurotoday Newspaper – AI manufacturing market continues to reshape global industrial investment after Solstice announced an agreement to acquire Element Solutions in a transaction valued at approximately $14.5 billion. The acquisition is one of the largest specialty chemicals deals of the year and reflects growing demand for advanced materials used in semiconductor manufacturing

Read More

Final Vote Approaches for EU Social Security Rules

Final Vote Approaches for EU Social Security Rules

Parliament to Approve Key Changes for Europeans Living and Working Across Borders
European lawmakers are set to finalize new social security coordination rules aimed at reducing uncertainty for millions working and residing across EU borders. The reform is scheduled for debate in Strasbourg on Monday night and a vote on Tuesday, addressing which country is responsible for benefits when EU citize

Read More

Germany Increases Defense Spending in New Budget Plan Before NATO Summit

Germany Increases Defense Spending in New Budget Plan Before NATO Summit

In 2027, the government plans a total expenditure of €555.4 billion, with €109.7 billion, or about 20 percent, allocated to defense spending. This share is expected to increase, reaching €183.7 billion for defense in 2030 from a projected total of €635.4 billion.
The 2027 spending plan was released before the upcoming NATO summit in Ankara, where European leaders aim to persuade U.S. President Don

Read More

Press Releases vs. Digital PR: Understanding the Modern Business Difference

Press Releases vs. Digital PR: Understanding the Modern Business Difference

London, July 06, 2026 – Eurotoday Newspaper — Press Releases vs Digital PR is drawing increased attention as businesses shift toward modern communication strategies that improve media visibility and online authority. Marketing professionals say companies are increasingly combining traditional press releases with digital PR campaigns to reach wider audiences and strengthen their search presence.

Read More

The Myth of Toyota’s Reliability: How a Brand-New Hybrid Left Me Stranded, and Why Japan’s Response Broke My Trust

The Myth of Toyota’s Reliability: How a Brand-New Hybrid Left Me Stranded, and Why Japan’s Response Broke My Trust

While Chinese manufacturers fight aggressively for European market share with premium customer care, Toyota leaves a loyal repeat customer stranded without a car for nearly two months—and responds with a cold, generic letter from corporate headquarters.

Introduction:

For decades, Toyota has rested comfortably on a hard-earned reputation for bulletproof reliability. But for Valerii S., a

Read More

Article 7 – Hungary’s Rule of Law Reset Must Reach Its Privacy Watchdog

Article 7 – Hungary’s Rule of Law Reset Must Reach Its Privacy Watchdog

Protecting religious minorities, journalists, civil society, and sensitive personal data should be part of Hungary’s Article 7 recovery plan, which requires new leadership at NAIH. Hungary’s democratic renewal cannot stop at courts, corruption, media freedom, and EU funds. If Prime Minister Péter Magyar’s new administration wants to restore the rule of law, it must rebuild trust in state bodies t

Read More

EU Urges ‘Fair Play’ Following Trump’s World Cup Intervention

EU Urges ‘Fair Play’ Following Trump’s World Cup Intervention

The EU emphasizes that decisions should be based on objective and transparent criteria and supports fair play and transparent competition. Balogun, who received a red card in a match against Bosnia and Herzegovina, faced a suspension for the last-16 game against Belgium. Trump’s call to Infantino led to the suspension being revoked. FIFA, while not confirming any discussions, stated that an

Read More

US Supreme Court to Review Gun, LGBT, and Voting Rights Cases in 2026 Term

US Supreme Court to Review Gun, LGBT, and Voting Rights Cases in 2026 Term

Washington, D.C., July 05, 2026 – Eurotoday Newspaper — US Supreme Court next term will feature several high-profile cases involving gun regulations, LGBT rights, and voting laws, setting the stage for another consequential year at the nation’s highest court. The justices agreed to hear appeals that could clarify constitutional questions affecting states, public agencies, and millions of America

Read More