{"id":211906,"date":"2025-01-10T01:13:07","date_gmt":"2025-01-10T01:13:07","guid":{"rendered":"https:\/\/news.talkwithrattan.com\/index.php\/2025\/01\/10\/meta-floats-ebay-ads-fix-to-comply-with-eu-antitrust-order\/"},"modified":"2025-01-10T01:13:08","modified_gmt":"2025-01-10T01:13:08","slug":"meta-floats-ebay-ads-fix-to-comply-with-eu-antitrust-order","status":"publish","type":"post","link":"https:\/\/news.talkwithrattan.com\/index.php\/2025\/01\/10\/meta-floats-ebay-ads-fix-to-comply-with-eu-antitrust-order\/","title":{"rendered":"Meta Floats EBay Ads Fix to Comply With EU Antitrust Order"},"content":{"rendered":"<div style=\"text-align:center\"><img loading=\"lazy\" decoding=\"async\" width=\"1200\" height=\"675\" src=\"https:\/\/i1.wp.com\/i.gadgets360cdn.com\/large\/meta_unsplash_dima_solomin_1734094938142.jpg?fit=1200,675&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"Meta Floats EBay Ads Fix to Comply With EU Antitrust Order\" title=\"Meta Floats EBay Ads Fix to Comply With EU Antitrust Order\" \/><\/div><p> <br \/>\n<\/p>\n<div>\n<p>Meta Platforms Inc. offered to publish listings from classified ads rival eBay Inc. on Facebook Marketplace in an effort to comply with a landmark European Union antitrust order that was accompanied by a EUR 798 million ($822 million or roughly Rs. 7,061 crore) fine.\u00a0<\/p>\n<p>The Menlo Park, California-based firm said Wednesday it will launch a test in Germany, France and the US that will enable \u201cbuyers to browse listings from <a class=\"sp_lnk2\" href=\"https:\/\/www.gadgets360.com\/tags\/ebay\">eBay<\/a> directly on <a class=\"sp_lnk2\" href=\"https:\/\/www.gadgets360.com\/tags\/facebook\">Facebook<\/a> Marketplace while completing their transaction on eBay.\u201d\u00a0<\/p>\n<p>Despite the changes, the company said in a blog post that it continues to disagree with the EU&#8217;s decision, and that it&#8217;s pursuing an appeal through the bloc&#8217;s courts. EBay shares rose 7.4 percent by 9:19 a.m. in New York trading.<\/p>\n<p><a class=\"sp_lnk2\" href=\"https:\/\/www.gadgets360.com\/tags\/meta\">Meta&#8217;s<\/a> changes mark an effort to comply with the EU&#8217;s decision in November, which ordered the company to stop tying its classified-ads service to Facebook&#8217;s sprawling social media platform, as well as refrain from imposing unfair trading conditions on rival second-hand goods platforms.\u00a0<\/p>\n<p>A commission spokesperson said that Meta has a duty to comply with the decision within 90 days after its original decision.<\/p>\n<p>The multi million-euro fine that accompanied the order was one of the final acts of former EU competition chief and Big Tech trustbuster Margrethe Vestager. Under her watch, the Brussels-based regulator levied billions of euros in antitrust penalties against large American technology companies, including over EUR 8 billion in fines against Alphabet Inc.&#8217;s Google.\u00a0<\/p>\n<p>The allegations against Facebook Marketplace had also been examined by the UK&#8217;s Competition and Markets Authority, which decided to accept concessions from the company instead of pursuing their investigation further.\u00a0<\/p>\n<article>\n<p><em>\u00a9\u00a02025\u00a0Bloomberg L.P.<\/em><\/p>\n<\/article>\n<p><i>(This story has not been edited by NDTV staff and is auto-generated from a syndicated feed.)<\/i><\/p>\n<\/div>\n<p>Catch the latest from the Consumer Electronics Show on Gadgets 360, at our <a href=\"https:\/\/www.gadgets360.com\/ces\">CES 2025<\/a> hub.<\/p>\n<p><br \/>\n<br \/><a href=\"https:\/\/www.gadgets360.com\/social-networking\/news\/meta-ebay-ads-comply-eu-antitrust-order-7434004#rss-gadgets-news\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Meta Platforms Inc. offered to publish listings from classified ads rival eBay Inc. on Facebook Marketplace in an effort to comply with a landmark European Union antitrust order that was accompanied by a EUR 798 million ($822 million or roughly Rs. 7,061 crore) fine.\u00a0 The Menlo Park, California-based firm said Wednesday it will launch a [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":211907,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"tdm_status":"","tdm_grid_status":"","fifu_image_url":"https:\/\/i.gadgets360cdn.com\/large\/meta_unsplash_dima_solomin_1734094938142.jpg","fifu_image_alt":"","footnotes":""},"categories":[607],"tags":[7042,1964,31180,28828,4990,779,12274,68503,2021,167291,5689],"amp_enabled":true,"_links":{"self":[{"href":"https:\/\/news.talkwithrattan.com\/index.php\/wp-json\/wp\/v2\/posts\/211906"}],"collection":[{"href":"https:\/\/news.talkwithrattan.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/news.talkwithrattan.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/news.talkwithrattan.com\/index.php\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/news.talkwithrattan.com\/index.php\/wp-json\/wp\/v2\/comments?post=211906"}],"version-history":[{"count":1,"href":"https:\/\/news.talkwithrattan.com\/index.php\/wp-json\/wp\/v2\/posts\/211906\/revisions"}],"predecessor-version":[{"id":211908,"href":"https:\/\/news.talkwithrattan.com\/index.php\/wp-json\/wp\/v2\/posts\/211906\/revisions\/211908"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/news.talkwithrattan.com\/index.php\/wp-json\/wp\/v2\/media\/211907"}],"wp:attachment":[{"href":"https:\/\/news.talkwithrattan.com\/index.php\/wp-json\/wp\/v2\/media?parent=211906"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/news.talkwithrattan.com\/index.php\/wp-json\/wp\/v2\/categories?post=211906"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/news.talkwithrattan.com\/index.php\/wp-json\/wp\/v2\/tags?post=211906"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}