News Technology

Dutch online marketplace OLX contributing to EU antitrust probe into Meta

OLX said it took part in the hearing “to contribute to their (EU) investigation about Meta antitrust practices”.

Dutch online marketplace OLX is helping EU antitrust enforcers in their investigation into Facebook owner Meta Platforms, the Naspers unit said on Friday.

The European Commission has accused Meta of gaining an unfair advantage by tying its classified advertisements service Marketplace with its social network Facebook and imposing unfair trading conditions on rival online classified ads services.

Meta, which contested the charges at a closed hearing held by the EU competition enforcer last week, has said the EU’s case is without foundation.

Source:indianexpress.com

Leave a Reply

Your email address will not be published. Required fields are marked *