Meta opens Facebook Marketplace to rivals under EU antitrust pressure
META Platforms opens Facebook Marketplace to classified ad rivals in Europe to comply with a €798 million EU antitrust order, despite disputing the decision.
META Platforms opens Facebook Marketplace to classified ad rivals in Europe to comply with a €798 million EU antitrust order, despite disputing the decision.
Meta’s removal of US fact-checkers raises EU concerns over misinformation, digital regulation, and child safety.
The European Commission fined Meta €797.72 million for antitrust violations related to Facebook Marketplace’s integration with Facebook, prompting Meta to plan an appeal while complying with the ruling.
The EU’s voluntary AI pact aims for trustworthy AI, with over 100 signatories, but lacks support from major tech firms like Meta and Apple, raising concerns about its overall impact.
Meta faces potential fines from the European Commission for linking Facebook Marketplace to its social network, risking up to 10% of its €127 billion revenue, amid other ongoing investigations.
The Digital Markets Act aims to curb Big Tech monopolies, but recent findings suggest they may not be fully compliant, risking market competition and consumer protection.
Meta and Spotify CEOs argue that Europe’s fragmented regulations on open-source AI hinder innovation and risk leaving Europeans with AI systems designed for other markets.
EU scrutinizes Meta’s shutdown of CrowdTangle, questioning compliance with Digital Services Act and data access for researchers.
Meta may face a €12.2 billion EU antitrust fine for allegedly anticompetitive practices in integrating Marketplace with Facebook.
The EU’s Digital Services Act enforcement intensifies with ongoing probes into major platforms like Meta and TikTok, while some member states lag in appointing necessary regulators.