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Meta could face massive EU fines over Marketplace competition

The report comes as a new antitrust commissioner has been announced.

The bloc's regulatory arm is preparing its findings that Meta linked its Marketplace service to Facebook to undermine competitors, the Financial Times reports, citing sources familiar with the case. Meta faces other investigations from the Commission into its election policies, addiction and safety concerns for minors and its consent or pay model. The news comes at a transitionary time for the European Commission, with President Ursula von der Leyen announcing her new team just yesterday.

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