Meta Platforms faces huge EU fine for allegedly dominating classifieds market: insider

Odaily Odaily reported that Meta Platforms faces a huge fine from the European Union for allegedly dominating the classified advertising market. EU regulators will accuse Facebook's parent company of linking its free market service with the social network to weaken its competitors. The report said that the EU may make a decision as early as next month, which will be one of the last investigations overseen by Margrethe Vestager, the EU's outgoing competition chief. (FT)