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 ...
An EU commission alleged that Meta leveraged its dominance in social networking to gain an unfair advantage in online ...
European Commission fined Facebook-owner Meta Platforms over allegations it illegally tied its Marketplace classified ads ...
European enforcers accused the tech giant of using its popular social network to unfairly advantage its classified-ads ...
The European Commission recently fined Meta 798 million euros—about $841 million—for "tying" classified ads on Facebook ...
Meta, the parent of Facebook, Instagram, and WhatsApp, has been hit with yet another huge regulatory fine in Europe, this ...
"The European Commission has fined Meta ... for breaching EU antitrust ... find any evidence of harm to competitors. Companies risk fines of as much as 10% of their global turnover for EU ...
Meta’s fine comes at a period of political transition both in the EU and the US. Brussels officials have been aggressive both in their rhetoric and their antitrust probes against Big Tech giants ...
Launched in 2016, Facebook Marketplace enables users of Meta’s flagship social network to buy and sell goods. The European ...
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 ...
The fine is the latest in a string of hefty penalties ... that carry massive financial penalties in the event of infringements. In July the EU accused Meta of breaching the digital rules with ...