Key point: "European regulators said Meta had given itself an unfair advantage over rival services by bundling Marketplace into Facebook’s wider social network." nytimes.com/2024/11/14/bus…
These voluntary best practices encourage companies to monitor and report suspicious activity.
While it's a step in the right direction, there should be enforceable rules on the books *before* these products hit the market. nytimes.com/2024/11/14/bus…
❗️EU Commission fines @Meta close to 800 million euros for abusing the dominant position of Facebook to boost its Facebook Marketplace product: "all Facebook users automatically have access and get regularly exposed to Facebook Marketplace whether they want it or not"
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