The European Commission has fined Meta Platforms $840.24 million for breaching EU antitrust rules by tying Facebook Marketplace to its personal social network Facebook.
Meta stated it will appeal the decision while expressing its commitment to compliance, aiming to quickly launch a solution addressing concerns raised by the Commission.
The EU's actions followed accusations that Meta gave Facebook Marketplace an unfair advantage by bundling it with its popular social networking platform, Facebook.
Despite the claims of anticompetitive behavior, Meta argues that Facebook users have the choice to engage with Marketplace and there is no demonstrated harm to competitors.
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