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EU Slaps Meta With €798 Million Fine
EU Fines Meta $840 Million For 'Abusive' Facebook Ad Practices
The EU fined online giant Meta almost 800 million euros on Thursday for breaching antitrust rules by giving users of its Facebook social network automatic access to classified ads service Facebook Marketplace.
EU Fines Meta $843M For Tying Marketplace to Facebook, Harming Competitors
Meta Platforms has been fined 797.72 million euros ($843.31 million) by European regulators over alleged harm to other classified marketplace providers in Europe caused by attaching its Marketplace product to Facebook,
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.
Computing
9h
EU fines Meta €798 million over Facebook Marketplace
The
EU
has slapped Meta Platforms, Facebook and Instagram’s parent company, with a €798 million fine for abusing its dominant market position. The
EU
Commission ruled Meta's integration of its ...
U.S. News & World Report
1d
EU Fines Meta €797 Million Over Abusive Practices Benefiting Facebook Marketplace
Meta said in a statement that it will appeal the decision, adding that the
EU
has offered no evidence of harm to ...
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