wordpress blog stats
Connect with us

Hi, what are you looking for?

Meta breached antitrust rules for classified ads on Facebook Marketplace: European Commission

Direct access for Facebook users gives “Facebook Marketplace a substantial distribution advantage that competitors cannot match”, it says

Meta has breached EU’s antitrust rules for benefitting its Facebook Marketplace by “distorting competition in the markets for online classified ads”, the European Commission said in a press release on December 19. The commission also raised concerns that “Meta is imposing unfair trading conditions on Facebook Marketplace’s competitors for its own benefit”. Meta offers an online classified ads service called ‘Facebook Marketplace’ allowing users to conduct businesses on the platform. The commission accused Meta of tying Facebook Marketplace to Facebook, which is a personal social network platform for its users. The Commission laid out its ‘Statement of Objections’ over Meta’s practices, which means it has formally initiated investigation into a suspected violation of EU’s antitrust rules. Meta can be fined up to 10 percent of the company’s annual worldwide turnover if sufficient evidence of misconduct is proved. Background of the case: In June 2021, the European Commission had initiated formal proceedings against Facebook Ireland Limited and its parent company Facebook Inc for a “potential breach of EU competition rules”. The investigations were into Facebook Marketplace’s tie up with Facebook’s social platform and a potential exploitation of competitors’ data for online classified ads by Facebook at least since January 2015. According to the case file, initiation of proceedings was based on Article 11 (6) of the Antitrust Regulation and Article 2 (1) of its implementing Regulation. What did the Commission say? In its preliminary findings, the Commission notes that Meta is dominant in the markets of online display ads and has…

Please subscribe/login to read the full story.
Written By

Curious about privacy, surveillance developments and the intersection of technology with education, caste and welfare rights. Outside work, I am either reading, reflecting on my notepad, re-tuning my voice or just overthinking!

MediaNama’s mission is to help build a digital ecosystem which is open, fair, global and competitive.

Views

News

India's smartphone operating system BharOS has received much buzz in the media lately, but does it really merit this attention?

News

After using the Mapples app as his default navigation app for a week, Sarvesh draws a comparison between Google Maps and Mapples

News

In the case of the ‘deemed consent' provision in the draft data protection law, brevity comes at the cost of clarity and user protection

News

The regulatory ambivalence around an instrument so essential to facilitate data exchange – the CM framework – is disconcerting for several reasons.

News

The provisions around grievance redressal in the Data Protection Bill "stands to be dangerously sparse and nugatory on various counts."

You May Also Like

News

Google has released a Google Travel Trends Report which states that branded budget hotel search queries grew 179% year over year (YOY) in India, in...

Advert

135 job openings in over 60 companies are listed at our free Digital and Mobile Job Board: If you’re looking for a job, or...

News

By Aroon Deep and Aditya Chunduru You’re reading it here first: Twitter has complied with government requests to censor 52 tweets that mostly criticised...

News

Rajesh Kumar* doesn’t have many enemies in life. But, Uber, for which he drives a cab everyday, is starting to look like one, he...

MediaNama is the premier source of information and analysis on Technology Policy in India. More about MediaNama, and contact information, here.

© 2008-2021 Mixed Bag Media Pvt. Ltd. Developed By PixelVJ

Subscribe to our daily newsletter
Name:*
Your email address:*
*
Please enter all required fields Click to hide
Correct invalid entries Click to hide

© 2008-2021 Mixed Bag Media Pvt. Ltd. Developed By PixelVJ