The European Commission fined Meta $840 million for abusing its dominant market position by unfairly linking Facebook Marketplace to Facebook, violating EU antitrust rules. This decision, following a two-year investigation, concludes that Meta leveraged its social network to give Marketplace an unfair advantage over competitors. Meta plans to appeal the ruling but will comply while developing a solution. The fine represents a significant portion of Meta’s global revenue, reflecting the seriousness of the antitrust violation.
Read More
As a long-time user of Google, I have seen the evolution of the search engine over the years. From its early days of providing a plethora of search results to its current state of inundating users with AI-generated blog articles and ads, Google has undergone a significant transformation. The recent news of Google losing a massive antitrust lawsuit over its search dominance is both surprising and not surprising at the same time.
The idea of Google losing its grip on the search market seems almost unimaginable, given its ubiquitous presence in our daily lives. However, as a consumer who has experienced the frustration of sifting through spammy search results and irrelevant ads, I can’t help but feel a sense of vindication.… Continue reading
John Q. Hosedrinker