Thu. Nov 21st, 2024

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Facebook Marketplace: EU Commission fines Meta €797.72m over abusive practices

The EU Commission has fined Meta €797.72 million for breaching EU antitrust rules by tying its online classified ads service Facebook Marketplace to its personal social network Facebook and by imposing unfair trading conditions on other online classified ads service providers. Meta said it would “appeal this decision to ensure that consumers are well served in the EU”.

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Booking Holdings must now comply with the Digital Markets Act

Booking Holdings Inc. (BHI), designated as gatekeeper on 13 May 2024, must now ensure that its online intermediation service, Booking.com, complies with all relevant obligations of the Digital Markets Act (DMA). This means hotels, car rental companies, and other providers of travel services that depend on Booking.com to reach customers can begin to enjoy new opportunities.

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