The bloc's Commission said it 'takes issue with Meta tying its online classified ads service, Facebook Marketplace, to its personal social network, Facebook'
The European Union has accused Meta Platforms, Inc. of breaching antitrust rules by allegedly distorting competition in the markets for online classified ads.
“The... The European Union has accused Meta Platforms, Inc. of breaching antitrust rules by allegedly distorting competition in the markets for online classified ads. “The Commission is also concerned that Meta is imposing unfair trading conditions” on Facebook Marketplace’s competitors for its own benefit,” according to the statement. The EU said it believed that Meta “abused its dominant position in two ways.”
It also noted concern that competitors of Facebook’s Marketplace could not match its substantial distribution advantage. “Second, Meta unilaterally imposes unfair trading conditions on competing online classified ads services which advertise on Facebook or Instagram,” the EU said.
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