The European Commission on Monday said it has warned Facebook parent company Meta that it is breaching EU antitrust laws by distorting competition in markets for online classified advertising and abusing its dominant position.
Woman holds smartphone with Meta logo in front of a displayed Facebook's new rebrand logo Meta in this illustration picture taken October 28, 2021. REUTERS/Dado Ruvic/Illustration
that it is breaching EU antitrust laws by distorting competition in markets for online classified advertising and abusing its dominant position. "The claims made by the European Commission are without foundation," Meta spokesperson Tim Lamb said in a statement.
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