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

Europe’s Far Right Faces Ban Threat

Europe’s Far Right Faces Ban Threat

Europe’s far right is facing scrutiny as a European Parliament watchdog aims to ban the Alternative for Germany’s EU party.
On the show, Zoya Sheftalovich and Sarah Wheaton examine how the far-right Europe of Sovereign Nations party — associated with Germany’s AfD — is at risk of losing EU funding and its political party status. A 300-page letter from the Authority for European Political Par

Read More

European Citizen Rights Guide

European Citizen Rights Guide

A delayed flight, a refused residency document, or a suddenly blocked bank account after moving to a new country often pushes individuals to seek guidance on European citizen rights only when problems arise. This is when the gap between formal rights and practical access becomes evident. European citizenship provides actual protections, but these are not automatic and are not always smoothly impl

Read More

Blair’s Speech Sparks New Debate on Labour’s Identity, With or Without Starmer

Blair’s Speech Sparks New Debate on Labour’s Identity, With or Without Starmer

Blair and Starmer have had distant relations in recent months, as noted by a senior figure at the Tony Blair Institute for Global Change. Blair, having relinquished significant influence over the Starmer operation, now aims to transcend the traditional right or left dichotomy, focusing on broader centrist ideas essential for Britain’s advancement. He envisions politics that are more aspirati

Read More

Norway Aligns with France’s Nuclear Deterrence Policy

Norway Aligns with France’s Nuclear Deterrence Policy

“Russia’s largest nuclear arsenal is located in the High North, near Norway,” he stated, emphasizing Norway’s continued reliance on NATO for security.
On March 2, the French president announced that Germany, Poland, Greece, the Netherlands, Belgium, Denmark, and Sweden agreed to discuss nuclear cooperation with Paris. This may include joint nuclear drills, information shari

Read More

Debate on European Nuclear Deterrence Intensifies Following Norway’s Support for France’s Security Role in Oslo 2026

Debate on European Nuclear Deterrence Intensifies Following Norway’s Support for France’s Security Role in Oslo 2026

OSLO, Norway – May 27 – Eurotoday Newspaper — European nuclear deterrence discussions are gaining momentum after Norwegian Prime Minister Jonas Gahr Støre indicated that Norway would come under France’s nuclear umbrella, marking a potentially significant development in Europe’s evolving security structure.
The statement comes during a period of heightened geopolitical uncertainty, increasing Arcti

Read More

Von der Leyen to Meet Hungarian PM Magyar on Friday

Von der Leyen to Meet Hungarian PM Magyar on Friday

Budapest aims to mend its strained relationship with Brussels following long-standing conflicts under former leader Viktor Orbán.
Magyar, whose centrist party recently won Hungary’s election, is working to access billions in EU funds frozen due to violations of EU laws under Orbán’s 16-year governance.
Securing €10.4 billion in EU post-pandemic recovery funds is the top priority for th

Read More

Kazakhstan’s Energy Crisis Worsens as Rosatom Approaches Balkhash Nuclear Agreement for Astana 2026

Kazakhstan’s Energy Crisis Worsens as Rosatom Approaches Balkhash Nuclear Agreement for Astana 2026

ASTANA, Kazakhstan – May 27 – Eurotoday Newspaper — Kazakhstan energy crisis concerns are intensifying as Russian nuclear giant Rosatom moves closer to participating in the country’s planned Balkhash nuclear power project, a development that could reshape Central Asia’s long-term energy landscape.
Kazakhstan’s government has increasingly warned about electricity shortages, rising industrial deman

Read More

Power Rivalries and Their Impact on the Middle East and Horn of Africa

Power Rivalries and Their Impact on the Middle East and Horn of Africa

In a period marked by intricate challenges, the United Arab Emirates (UAE) has become a true stabilizing force in the region, achieving this not through rhetoric, but with tangible actions and measurable impacts. The UAE’s strategy has consistently aimed to avert state collapse and manage disorder. This dedication has driven the UAE to adapt, forge robust security alliances, and invest in i

Read More

Europe Enhances Ebola Detection Amid Congo Epidemic Surge

Europe Enhances Ebola Detection Amid Congo Epidemic Surge

Earlier this week, Italy reported two suspected cases among passengers from Uganda, but they later tested negative for Ebola, according to the disease prevention agency.
Belgium has direct daily flights to and from Congo. Brussels Airlines announced adjustments to its crew schedules since the United States banned entry from the region, but stated that these changes wouldn’t impact the curren

Read More

Spanish Police Raid Headquarters of PM Sánchez’s Socialist Party

Spanish Police Raid Headquarters of PM Sánchez’s Socialist Party

The El Confidencial news site reported that the UCO’s deployment was authorized by the National Court and is linked to an unrelated investigation overseen by Spain’s Anti-Corruption Prosecutor.
Spanish judicial authorities did not immediately respond to POLITICO’s request for comment.
Sánchez’s fragile minority government has been under heavy pressure since news of Zapatero’s indictment.
The regio

Read More