The fines for Meta in the EU keep coming in.
The tech giant was just trying to reel from the accusations of having abusive practices and now comes more penalizations. EU regulators spoke about Facebook’s parent firm engaging in unfair trading practices with those third parties offering classified ads. It was also called out for forcing its Facebook users to be exposed to Marketplace, whether they wanted it or not.
Another statement was shared by the head of EU’s competition Margrethe Vetager who called out Meta for taking advantage of its dominant position in the world of social media so it could offer benefits to its Facebook Marketplace. This would give it that upper edge that other online classified ads service providers don’t match, which is considered illegal in this region.
The EC says Meta needed to bring these unfair actions to an end but it failed to specify what actions must be taken. Facebook’s parent firm was also hit with a massive $1.3B fine by the EU in the past year for shifting Facebook data of its citizens to America.
Meta’s spokesperson announced their reply to this rule and hoped to appeal the decision. They also acknowledge how they’re going to be rolling out a solution that addresses all concerns raised.
What’s interesting is how Meta called out the EU’s decision and also highlighted how it forgot to mention that users always have the option to opt out of Marketplace, if and when they desire. Therefore, the case rests on a balance that could end up harming competition in the long run.
Image: DIW-Aigen
Read next: Global App Spend Surpasses $110B in Q3, Driven by 12.4% YoY Growth Across Google Play and iOS
The tech giant was just trying to reel from the accusations of having abusive practices and now comes more penalizations. EU regulators spoke about Facebook’s parent firm engaging in unfair trading practices with those third parties offering classified ads. It was also called out for forcing its Facebook users to be exposed to Marketplace, whether they wanted it or not.
Another statement was shared by the head of EU’s competition Margrethe Vetager who called out Meta for taking advantage of its dominant position in the world of social media so it could offer benefits to its Facebook Marketplace. This would give it that upper edge that other online classified ads service providers don’t match, which is considered illegal in this region.
The EC says Meta needed to bring these unfair actions to an end but it failed to specify what actions must be taken. Facebook’s parent firm was also hit with a massive $1.3B fine by the EU in the past year for shifting Facebook data of its citizens to America.
Meta’s spokesperson announced their reply to this rule and hoped to appeal the decision. They also acknowledge how they’re going to be rolling out a solution that addresses all concerns raised.
What’s interesting is how Meta called out the EU’s decision and also highlighted how it forgot to mention that users always have the option to opt out of Marketplace, if and when they desire. Therefore, the case rests on a balance that could end up harming competition in the long run.
Read next: Global App Spend Surpasses $110B in Q3, Driven by 12.4% YoY Growth Across Google Play and iOS
