The European Commission has fined Meta €797m for breaching EU competition law by tying its Facebook Marketplace to the social media platform, creating an unfair advantage.
Meta's actions involved imposing unfair trading conditions on other classified ads providers, including using their ad-related data to benefit Facebook Marketplace, which violates EU antitrust rules.
Margrethe Vestager emphasized that dominant companies like Meta have a responsibility not to abuse their market power to restrict competition, which in this case, they did.
While market dominance isn't illegal, the Commission highlighted that Meta's behavior of tying its services and violating trading conditions is illegal under EU law.
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