Meta Takes a Step Towards Fair Competition by Opening Facebook Marketplace to Rivals In a move towards fostering fair competition, Meta, the parent company of Facebook, has decided to open up its Facebook Marketplace to rivals. This decision comes in the wake of an antitrust fine imposed by the European Union on Meta, prompting the […]
EU plans stricter rules for online platforms selling goods
EU Plans Stricter Rules for Online Platforms Selling Goods The European Union is on the brink of implementing stricter regulations for online platforms that sell goods. These changes, aimed at enhancing consumer protection and ensuring fair competition, could have profound financial and operational implications for the e-commerce companies involved. The proposed rules, part of the […]
US adopts 'click to cancel' rule for easier subscription management
In a significant move towards consumer protection, the United States Federal Trade Commission (FTC) has introduced a new ‘click to cancel’ rule aimed at simplifying the cancellation process for subscriptions. This directive ensures that businesses must provide an equally straightforward method for cancelling subscriptions as it is to initiate them. Under the new regulations, customer […]
European Commission's Digital Fairness Fitness Check: A Call for Reform in Consumer Protection Laws
The European Commission has published its latest report, the Digital Fairness Fitness Check, highlighting the urgent need for reform in consumer protection laws across the European Union. This significant evaluation reveals that current regulations are insufficient to combat emerging digital challenges, such as manipulative online practices and the exploitation of consumer vulnerabilities. The focus of […]
EU to Fine Meta Over Anti-Competitive Practices
The European Union (EU) is poised to impose a significant financial penalty on Meta, the parent company of Facebook, in light of serious allegations concerning anti-competitive behavior. The core of the issue lies with Meta’s strategy of linking its free Marketplace service directly with Facebook, a practice regulators claim unfairly disadvantages competitors in the classifieds […]