EU flag and Meta logo are seen in this illustration taken, May 22, 2023. REUTERS/Dado Ruvic/Illustration
(Reuters) - Meta Platforms Inc is facing a hefty fine in the EU over its alleged efforts to dominate the classified advertising market, the Financial Times reported on Wednesday, citing people familiar with the matter.
EU regulators will claim Facebook's parent company links its free Marketplace services with the social network in an effort to undermine its rivals, the newspaper said.
