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Reason Magazine

Reason Magazine

European Commission fines Meta for serving consumers

Reason Magazine
Summary
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78% Informative

European Commission fined Meta 798 million euros for "tying" classified ads on Facebook Marketplace to social accounts on Facebook.

Frida Ghitis : It's yet another "huge antitrust fine" against a leading American technology company.

She says the fines are paid into the general European Union ( E.U. ) budget; they should be friendlier to innovation and competition.

Ghitis asks why the commission has prosecuted this case of limited policy importance.

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