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flag Meta Platforms faces a large EU fine for alleged market domination in classified ads, linked to Facebook's integration.

flag Meta Platforms Inc. is poised to receive a substantial fine from the European Union due to allegations of monopolizing the classified advertising market. flag The EU claims that Meta links its free Marketplace with Facebook to stifle competition. flag This decision, expected next month, may conclude investigations led by outgoing competition chief Margrethe Vestager. flag Both Meta and the EU have not commented on the situation.

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