In its statement, the EU argued that Meta violated competition rules by bundling Facebook Marketplace, its online classifieds service, with the broader social network, thereby creating unfair trading conditions that disadvantaged other classified ad providers in Europe
Read MoreThe case stems from a ruling by the CCI in October 2022, which found Google guilty of exploiting its dominant position in the Android ecosystem and imposed the hefty penalty
Read MoreThe trial, which entered its second week, addresses accusations by the Justice Department that Google holds a monopoly in the ad tech sector, using its market power to stifle competition
Read MoreThe CCI's investigation, which began in 2020, reveals that these practices included prioritising certain listings and offering deep discounts on products, particularly mobile phones
Read More