The European Commission has imposed an €800 million fine on Meta, citing the company’s abuse of its market power to promote Facebook Marketplace. The EU argues that all Facebook users are automatically exposed to Marketplace, giving Meta an unfair advantage…

Meta Platforms has been fined €798 million by the European Commission for violating competition laws by unfairly integrating Facebook Marketplace into its social network. The Commission reported that this practice disadvantaged competing classified ad services, hindering their ability to compete…