EU fines Meta €797 million over abusive practices benefiting Facebook Marketplace
The European Commission fined Meta Platforms €797.72 million ($840.24 million) for abusive practices related to Facebook Marketplace.
- Tech
- Reuters
- Published Date: 04:55 | 14 November 2024
- Modified Date: 04:55 | 14 November 2024
The European Commission on Thursday fined Meta Platforms €797.72 million ($840.24 million) over abusive practices benefiting Facebook Marketplace, it said in a statement, confirming an earlier report by Reuters.
Meta said in a statement that it will appeal the decision, adding that the EU has offered no evidence of harm to competitors or consumers.