The European Commission noticed that Meta is doing a distorting competition online.
Zuckerberg’s society in fact using its own “Facebook Marketplace” for advertising and it imposing discriminatory trading conditions against other competitors.
Facebook Marketplace is classified ad-section that helps individuals and businesses sell items locally. Marketplace wants to compete with eBay, Subito, etc.
Meta is abusing its advantageous position. For this reason, EU decided to do a preliminary action: he wants to investigate. If Meta’s accusations were to be founded, the penalty could be 10% off of the society’s annual global turnover.
Stay tuned…!
SOURCE: Reuters
Chiara Chiommino is a graduating student in science of communication with work’s experience in social media marketing and web marketing as Brand Manager for Italian Cigar Group SRL. She took part in an internship experience entitled "Il Metaverso" in Italy.