The European Commission has fined Facebook parent company Meta €797.72 million ($841 million) for breaches of EU competition law benefiting Facebook Marketplace. The antitrust breaches relate to Meta's abuse of its dominant market position on social media networks and in online advertising,

The European Commission’s decision provides no evidence of competitive harm to rivals or any harm to consumers.

European enforcers accuse the tech giant of using its popular social network to unfairly advantage its classified ads business.