• <a fr-original-style="" href="https://techcrunch.com/2022/12/19/meta-abused-its-dominant-market-position-to-benefit-facebook-marketplace-eus-initial-findings-show/amp/" rel="noopener noreferrer" style="color: rgb(9, 9, 9); text-decoration: none; background-color: transparent; outline: none; cursor: pointer; transition: color 0.3s ease 0s; touch-action: manipulation; user-select: auto; box-sizing: border-box;" target="_blank">The European Commission</a> confirmed to proceed with an antitrust probe into Meta over connecting its core social network and Facebook Marketplace ads service. The Commission points out "unfair trading conditions" on how Meta uses data from rival online classified ads services, in their Statement of Objections.<ul fr-original-style="padding-inline-start: 20px;" style="padding-inline-start: 20px; margin-top: 0px; margin-bottom: 1em; list-style-position: inside; box-sizing: border-box;"><li fr-original-style="" style="box-sizing: border-box;">Zoom out: EC's announcement comes 18 months after both the Commission and UK's Competition and Markets Authority (CMA) announced separate but collaborative efforts to investigate whether Meta was abusing its dominant market position, and CMA revealed in August to proceed with the case.</li><li fr-original-style="" style="box-sizing: border-box;">In other news: The Former EC Chief economist <a fr-original-style="" href="https://www.bloomberg.com/news/articles/2022-12-19/twitter-likely-too-small-for-eu-antitrust-violation" rel="noopener noreferrer" style="color: rgb(9, 9, 9); text-decoration: none; background-color: transparent; outline: none; cursor: pointer; transition: color 0.3s ease 0s; touch-action: manipulation; user-select: auto; box-sizing: border-box;" target="_blank">said that Twitter is probably too small for EU Antitrust Violation</a> after Elon Musk's sudden policy change that barred users from promoting other social media accounts caused concerns that it could be anti-competitive and would violate EU rules.</li></ul>

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