The European Commission has ordered Meta to “bring the conduct effectively to an end,” but didn’t specify what actions should be taken. Meta was also hit with a record-breaking $1.3 billion fine by the EU last year for transferring the Facebook data of EU citizens to the US.

European enforcers accuse the tech giant of using its popular social network to unfairly advantage its classified ads business.

EU fines Facebook parent Meta nearly 800 million euros over 'abusive' Marketplace practices LONDON -- EU fines Facebook parent Meta nearly 800 million euros over 'abusive' Marketplace practices. 24/7 coverage of breaking news and live events

The European Commission on Thursday fined Meta Platforms €797.72 million ($840.24 million) over abusive practices benefiting Facebook Marketplace, it said in a statement, confirming an earlier report by Reuters.

For years, the EU Commission investigated whether Meta abusively favored the Facebook marketplace. The fine now imposed is meant to deter Meta financially.

European Union regulators hit Facebook parent Meta with a fine of nearly 800 million euros on Thursday for what they call “abusive practices” involving its Marketplace online classified ads business.

Facebook is undermining rivals by ‘tying’ its free Marketplace services with the social network, Brussels says

Meta Platforms Inc. was hit with a €798 million ($841 million) fine by European Union regulators by tying its Facebook Marketplace service to its sprawling social network, the US tech giant’s first ever penalty for EU antitrust violations.