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EU Fines Meta €797M for Antitrust Violations in Facebook Marketplace Case

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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.

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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.


 

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Man Found Alive Nearly Two Weeks After Balogun Market Fire Incident

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An update has been shared on the burnt building at Balogun Market on Lagos Island, as it was revealed that a man was rescued 11 days after the building caught fire.

According to reports, the man was found alive on January 6, 2026, after being discovered under the rubble of the collapsed structure.

The survivor has since been taken for proper medical care, while further details are yet to be released.

Meanwhile, passersby and market traders have expressed concern, fearing that more people may still be trapped alive inside the building.


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Anthony Joshua Discharged from Hospital After Fatal Car Crash

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It has been reported that Anthony Joshua has officially been discharged from the hospital following the terrible car crash that claimed the lives of his two closest friends and supporters.

The boxing star was deemed stable enough to go home after the accident. After his discharge, he visited the funeral to pay his respects and see the bodies of his two friends.

Many have expressed grief and offered their support to the boxing star, praying that he will be able to find peace, as grief will undoubtedly be one of the most painful challenges he will face in life.


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‘Government Prioritizes Money More’ — PDP Calls Out FG On New Tax Law

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It has been shared that the Peoples Democratic Party (PDP) is calling on the federal government to suspend the tax law set to take effect on January 1, 2026.

This was revealed in a statement released by Ini Ememobong, National Publicity Secretary of the PDP. He stated that this new law shows how Nigerians and the masses will be affected, arguing that the government is prioritizing finance over security and other pressing matters.

“Rather than address these issues comprehensively, the Presidency has consciously minimized them and instead insisted that the commencement date must stand, despite the discrepancies,” the party said, adding that this “clearly shows where the priority of the government lies between Nigerians and money.”


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