
Meta Challenges €798 Million EU Penalty Regarding Facebook Marketplace Dominance
3 months ago
In a significant legal confrontation, Meta Platforms Inc. has officially lodged an appeal against a hefty €798 million ($845 million) fine imposed by the European Commission. This fine specifically addresses concerns regarding the company's dominance and anti-competitive practices within the Facebook Marketplace platform. The appeal was filed in the EU’s General Court and reflects Meta's ongoing battle with European regulators over its market influence and competitive behavior.
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