Published on: 14 November 2024
Published by a LexisNexis Competition expert
The Commission delivered an infringement decision and imposed penalties totalling €797.72m on Meta for infringing Article 102 TFEU by distorting competition in the online classified advertising markets. Its investigation concluded that Meta is dominant in the EEA-wide market for personal social networks, as well as in national markets for online display advertising on social media.
In particular, the inquiry found that Meta abused its dominance by:
These findings were set out in the Commission’s decision in detail.
Alongside the fines, the Commission ordered Meta to put an effective stop to the conduct, to refrain from repeating the infringement, and to avoid practices with an equivalent object or effect in future. See further, Meta (Facebook Marketplace) (AT.40684).
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