Between Craigslist and now Facebook, young people are being conditioned to never pay a penny for a classifieds ad for the rest of their lives. Facebook is unveiling “Marketplace” today, a free classifieds service for its 22 million active users (the sixth most-visited site in the country). Similar to Microsoft’s Expo classifieds, Facebook members can choose to make their listings available to their friends, their networks (school, workplace or region) or to the site as a whole. Yet another blow for newspapers.
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