Meta, the parent of Facebook, Instagram and WhatsApp, has been hit with yet another huge regulatory fine in Europe, this time over abusive practices

Meta said it would appeal the decision by the European Union, which said the company had abused its dominance in social networking to strengthen its shopping and classified ads service.

Key Takeaways Meta is facing a new 797 million euro fine from European regulators, this time over its Facebook Marketplace service.The European Commission said Thursday that Meta tying Marketplace to Facebook gave the platform an unfair advantage over its European competitors.