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EU issues €797M antitrust fine to Meta over Facebook Marketplace

  • The European Union issues a €797.72 million fine to Meta over Facebook Marketplace.
  • Meta is ordered to change its business practices by the European Commission.
  • The fine is related to the integration of Facebook Marketplace within the Facebook platform, giving it a competitive advantage.
  • Meta plans to appeal the antitrust decision and states that it has already implemented systems to ensure fair competition.

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