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Meta faces hefty EU antitrust fine over classified ads practices

Brussels claims Facebook is breaking the law and undermining rivals with its free Marketplace services
Probe against Meta was launched in 2019 after accusations Facebook was abusing its dominant position

Meta faces a hefty EU fine over its alleged efforts to dominate the classified advertising market, as Brussels pushes to crack down on anti-competitive practices among the world’s biggest technology companies.

EU regulators will claim Facebook’s parent company links its free Marketplace services with the social network in an effort to undermine its rivals, said people familiar with the matter.

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