News
EU Fines Meta €797M for Antitrust Violations in Facebook Marketplace Case
The European Union has fined Meta €797.72 million for violating antitrust laws by integrating Facebook Marketplace into its social media platform, giving it an unfair advantage over competitors.
The European Commission accused Meta of abusing its dominant position by automatically granting Facebook users access to Marketplace and imposing unfair trading conditions on rival classified ad providers advertising on Facebook.
“This behavior is illegal under EU antitrust rules. Meta must now stop,” said Margrethe Vestager, the EU’s competition commissioner.
Meta announced plans to appeal the decision, arguing it misrepresents competition in Europe.
“Users choose to engage with Marketplace voluntarily,” Meta stated, dismissing allegations of leveraging competitor ad data for Marketplace’s benefit.
The fine, one of the EU’s largest against Big Tech, reflects the “duration and gravity” of the violations. It comes as the EU intensifies its regulatory scrutiny through measures like the Digital Services Act and Digital Markets Act.
This decision follows earlier actions against Meta, including accusations of forcing users into data-sharing agreements under a “pay or consent” system.
To address regulatory concerns, Meta recently introduced less targeted ads for free users in the EU and reduced prices for its ad-free subscriptions.
Nigerian pastor and overseer of the Citadel Global Community Church, Pastor Tunde Bakare, addresses and reacts to the current happenings of the country regarding the kidnapping and the abductions.
The pastor urges the government on steps they can take to solve and help the people of the country. “The Nigerian government has a clear and urgent duty to protect these Middle Belt communities, who have carried the weight of violence for far too long.”
“Rather than play the ostrich and cover up clear terrorism as mere farmer-herder clashes, the Nigerian state has a responsibility to invade the camps of armed marauders who hide under the cloak of herdsmen of whatever ethnicity, and who invade defenceless communities and gleefully massacre unarmed men, women and children.”
US President Donald Trump criticizes the Nigeria government once again after the increase of insecurity over the past few days. The president stated that the government is failing to protect Christian communities from the attacks going on.
“Nigeria is a disgrace. The whole thing is a disgrace,” Trump said. “They’re killing people by the thousands. It’s a genocide, and I’m really angry about it. And we pay, you know, we give a lot of subsidies to Nigeria. We’re going to end up stopping.”
Former Vice President Atiku Abubakar speaks out against the rising insecurity in the country. He urged the government to take action and claimed that it is not too late to declare a state of emergency.
He reacted after another news of abduction of students was announced on the 21st of November.
“How many more lives must be shattered before decisive action is taken? It is not too late for the government to finally declare a state of emergency on insecurity and confront this menace with the urgency it deserves.”
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