Seoul: South Korea’s antitrust watchdog has taken steps to penalise Meta Platforms for allegedly failing to protect local consumers on its e-commerce platforms of Facebook and Instagram, sources said on Friday. The Fair Trade Commission (FTC) has concluded its investigation into Meta’s purported violations of the country’s e-commerce law and subsequently sent a report to the U.S. technology giant, according to the sources, reports Yonhap news agency. The investigation primarily focused on Meta’s handling of consumer issues within the Facebook Marketplace and Instagram Marketplace, they added. These marketplaces allow Facebook and Instagram users to buy and sell new and used products locally
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