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meta: Dutch online marketplace OLX contributing to EU antitrust probe into Meta

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Dutch online marketplace OLX is helping EU antitrust enforcers in their investigation into Facebook owner Meta Platforms, the Naspers unit said on Friday.

The European Commission has accused Meta of gaining an unfair advantage by tying its classified advertisements service Marketplace with its social network Facebook and imposing unfair trading conditions on rival online classified ads services.

Meta, which contested the charges at a closed hearing held by the EU competition enforcer last week, has said the EU’s case is without foundation.

OLX said it took part in the hearing “to contribute to their (EU) investigation about Meta antitrust practices”.

“We welcome fair competition and will follow the progress of the Commission’s hearing with interest,” a spokeswoman said.

OLX is owned by Dutch technology investor Prosus NV, a subsidiary of South African technology investor Naspers.

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Norwegian media group Schibsted also participated in the EU hearing.

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Dutch online marketplace OLX is helping EU antitrust enforcers in their investigation into Facebook owner Meta Platforms, the Naspers unit said on Friday.

The European Commission has accused Meta of gaining an unfair advantage by tying its classified advertisements service Marketplace with its social network Facebook and imposing unfair trading conditions on rival online classified ads services.

Meta, which contested the charges at a closed hearing held by the EU competition enforcer last week, has said the EU’s case is without foundation.

OLX said it took part in the hearing “to contribute to their (EU) investigation about Meta antitrust practices”.

“We welcome fair competition and will follow the progress of the Commission’s hearing with interest,” a spokeswoman said.

OLX is owned by Dutch technology investor Prosus NV, a subsidiary of South African technology investor Naspers.

Discover the stories of your interest


Norwegian media group Schibsted also participated in the EU hearing.

Stay on top of technology and startup news that matters. Subscribe to our daily newsletter for the latest and must-read tech news, delivered straight to your inbox.

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