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EU Fines Meta $843 Million Over ‘Abusive’ Facebook Ad Practices

The Information · Sylvia Varnham O'Regan · last updated

The European Commission has fined Meta Platforms 797.72 million (around $843 million) for breaching antitrust rules in tying its classified advertising service Facebook Marketplace to the Facebook app.

The commission said Meta had imposed unfair trading conditions on competing ad providers to “ …