Quotes
Facebook users can choose whether or not to engage with Marketplace, and many don't. The reality is that people use Facebook Marketplace because they want to, not because they have to,
the firm said in a statement Today we fine Meta €797.72 million for abusing its dominant positions in the markets for personal social network services and for online display advertising on social media platforms,
Margrethe Vestager, executive vice president in charge of competition policy, said It is disappointing that the Commission has chosen to take regulatory action against a free and innovative service built to meet consumer demand,
This is illegal under EU antitrust rules. Meta must now stop this behaviour.”
Margrethe Vestager, the commission's executive vice-president in charge of competition policy, said in a press release The European Commission has fined Meta ... for breaching EU antitrust rules by tying its online classified ads service Facebook Marketplace to its personal social network Facebook and by imposing unfair trading conditions on other online classified ads service providers,
the European Commission said We will comply, and will work quickly and constructively to launch a solution which addresses the points raised,
This decision ignores the realities of the thriving European market for online classified listing services and shields large incumbent companies from a new entrant, Facebook Marketplace, that meets consumer demand in innovative and convenient new ways,
the company said in a statement It did so to benefit its own service Facebook Marketplace, thereby giving it advantages that [others] could not match. This is illegal.”
The European Commission’s decision provides no evidence of competitive harm to rivals or any harm to consumers.”
