FT: Meta Platforms faces hefty fine from European Union for allegedly dominating classifieds market
Meta Platforms is facing a hefty fine from the European Union for allegedly dominating the classified advertising market.
European Union regulators will accuse Facebook's parent company of linking its free marketplace service to the social network to undercut its competitors.
The European Union could make a decision as early as next month in what will be one of the final investigations overseen by the European Union's outgoing competition chief, Margrethe Vestager.