<ul><li>Meta, the parent of Facebook, Instagram and WhatsApp, has been fined €797.72 million by the European Commission.</li><li>The fine is for breaching EU antitrust rules by tying its online classified ads service, Facebook Marketplace, to Facebook, creating unfair trading conditions.</li><li>Meta plans to appeal the ruling and argues that it ignores the realities of the European market for online classified listing services.</li><li>This is the latest in a series of fines faced by Meta in Europe for various infringements over the years.</li></ul>

Meta slapped with a €798M fine in Europe over anticompetitive Marketplace practices

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