Meta to Allow Rival Ads Providers to List on Facebook Marketplace after Eu Antitrust Fine
Meta platforms will allow rival classified ads service providers to post listings of their ads on Facebook MarketplaceThe company said on Thursday, three months after it with a 797-million euro ($ 828 million or roughly Rs. 7,185 crore) Advantage.
The european commission in its decision in November Facebook in breach of eu antitrust rules.
Calling it the Facebook Marketplace Partner Progam, Meta Said the scheme is a response to the eu competition watchdog even as it challenged the fin in court.
It echoed recent comments by Chief Executive Mark Zuckerg, Saying That The Eu Decision \”Serves as another example of the eu directly targetly targeting us companies in a manner that is tantamount to a tax Regime \”.
Meta said it tested the partner scheme in Germany, France and the united States with ebay Last month.
\”This new program will mean third-party partners (Specifically, Online Classified Ad Service Providers as Defined in the European Commission\’s Decision) will be able their Consumer-to-Consumer Inventory on Facebook Marketplace, \”Meta said in a blogpost.
\”That inventory will appear side by side with other third-party inventory and Facebook user listings.\”
The commission said it was currently assessing whichera
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