Meta opens Facebook Marketplace to rivals
Meta Opens Facebook Marketplace to Rivals in EU Antitrust Clash
Meta Platforms Inc. is prying open its previously guarded Facebook Marketplace platform to a swathe of classified ads rivals, in a renewed attempt to comply with a landmark European Union antitrust order that was accompanied by a €798 million ($829 million) fine.
Meta to Allow Rival Ads Providers to List on Facebook Marketplace After EU Antitrust Fine
Meta Platforms will allow rival classified ads service providers to post listings of their ads on Facebook Marketplace, the company said on Thursday, three months after it was hit with a 797-million euro ($828 million or roughly Rs. 7,185 crore) EU antitrust fine for giving its own service an unfair advantage.
CEO Mark Zuckerberg said the move is an attempt to restore free expression on Meta's platforms. The pivot comes as Zuckerberg looks to build ties with the incoming Trump administration.
Facebook (FB), now Meta Platforms Inc. (META), went public with its initial public offering (IPO) on May 18, 2012. The popular social networking company had one of the largest and most ...
Meta, the company which owns social media networks Facebook and Instagram, has denied forcing users to follow official ...
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