Severely punished by Europe, Meta responded

Severely punished by Europe, Meta responded

Specifically, Meta linked Marketplace to Facebook, setting unfair trading terms with competitors, according toNew York Times.

EU competition chief Margrethe Vestager emphasized on November 14 that by linking Facebook to Marketplace, Meta “imposes unfair commercial conditions” on other providers.

“The parent company Facebook is doing this to profit from the Marketplace service, bringing benefits that others cannot follow,” Ms. Vestager said. 

Severely punished by Europe, Meta responded

The decision comes after the EU opened an antitrust investigation against Meta in 2019.

The EU’s long-running antitrust investigation into Meta was launched in 2019, after rivals accused the US tech giant of abusing its dominance by offering free coin services. while profiting from the data they collect on the platform.

In December 2022, the European Commission brought its first charges against Facebook for using freely collected data – mainly from companies – and selling ads to users, in violation of the law antitrust.

Meta announced it would appeal, stressing that “the European Commission’s decision does not provide evidence of harm to competition or any harm to consumers.”

People meta submissionbillions of dollars in fines in Europe for a series of violations in recent times.

In September 2024, the platform was fined more than $100 million for a security breach that led to the exposure of user passwords.

Before that, for many months 

Lawsuits often take years to complete, and Meta is in the process of appealing these verdicts.

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