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EU Slaps Meta With €798 Million Fine
EU fines Facebook owner Meta $840 million over abusive practices
STORY: The EU hit Facebook owner Meta with a huge fine on Thursday (November 14) for breaching antitrust rules. The tech giant must pay just over $840 million for abusive practices that benefited its online classified ads service Facebook Marketplace.
EU Fines Meta $840 Million Over Classified Ads Business
An EU commission alleged that Meta leveraged its dominance in social networking to gain an unfair advantage in online classified ads.
EU fines Meta $842 million in a Facebook Marketplace antitrust case
The executive arm of the European Union isn’t shying away from slapping major tech companies with hefty fines. The European Commission has fined Meta €797.12 million ($842 million) for violating antitrust regulations.
ABC News
16h
EU fines Facebook parent Meta nearly 800 million euros over 'abusive' Marketplace practices
EU
fines
Facebook parent Meta nearly 800 million euros over 'abusive' Marketplace practices LONDON --
EU
fines
...
Barron's
10h
EU Fines Meta $840 Million For 'Abusive' Facebook Ad Practices
The
EU
fined online giant Meta almost 800 million euros on Thursday ... Among the 10 largest antitrust
fines
ever imposed ...
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