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EU fines Meta 798 mn euros for Facebook ad antitrust breach

EU fines Meta 798 mn euros for Facebook ad antitrust breach
14 Nov 2024 17:49

Brussels, Belgium, Nov 14, 2024 (AFP) 

The European Commission fined online giant Meta almost 800 million euros on Thursday for breaching antitrust rules by giving Facebook users automatic access to the social network's Marketplace classified ads service.

The commission also found the US tech titan abused its dominant position by imposing unfair trading conditions on other online classified ad providers, imposing a 798-million-euro (840-mn-dollar) fine that Meta immediately vowed to appeal.

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