Meta Platforms, the parent company of Facebook, is on the verge of receiving its first antitrust fine from the European Union. The impending sanction follows accusations by the European Commission that Meta unfairly bundled its classified advertisement service, Facebook Marketplace, with its dominant social network, Facebook, thereby gaining an undue competitive edge. In addition to […]
The European Commission’s swift initiation of non-compliance investigations under the Digital Markets Act (DMA) marks a pivotal moment in regulatory enforcement within the digital realm. Led by Executive Vice-President Margrethe Vestager, these actions underscore the Commission’s unwavering commitment to upholding fair competition and consumer protection in the digital market. With major tech giants such as […]
