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EU Hits Meta With a €798 Million Fine for Anti-competitive Practices in Facebook Marketplace
Meta has been asked to pay a fine of 798 million ($840 million) for using abusive" practices to benefit from Facebook Marketplace. It started with an investigation in 2021 that led to these concerns being raised for the first time in 2022. The company has addressed the decision and said it would appeal against it. But in the meantime, it has decided to comply with it and develop an action plan to address issues.The post EU Hits Meta With a 798 Million Fine for Anti-competitive Practices in Facebook Marketplace appeared first on Techreport.
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