An EU commission alleged that Meta leveraged its dominance in social networking to gain an unfair advantage in online ...
European enforcers accused the tech giant of using its popular social network to unfairly advantage its classified-ads ...
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 ...
The EU fined online giant Meta almost 800 million euros on Thursday for breaching antitrust rules by giving users of its ...
Shares of Facebook-owner Meta Platforms META.O hit a record high on Friday after a U.S. appeals court upheld a law requiring China-based ByteDance to divest its popular short video app TikTok by early ...
European Commission fined Facebook-owner Meta Platforms over allegations it illegally tied its Marketplace classified ads ...
Meta, the parent of Facebook, Instagram, and WhatsApp, has been hit with yet another huge regulatory fine in Europe, this ...
It’s the first time the EU has imposed a fine on the social media giant for breaches of the bloc’s competition law. Brussels ...
The European Commission has ordered Meta to “bring the conduct effectively to an end,” but didn’t specify what actions should be taken. Meta was also hit with a record-breaking $1.3 billion fine by ...
"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 ...
The European Commission fined Meta Platforms META-0.76%decrease; red down pointing triangle the equivalent of around $843 million, saying it tied its classified-ads platform to its flagship social ...
Meta received a fine of over $840 million on Wednesday for ... “We will appeal this decision to ensure that consumers are well served in the EU.” The company claims there is no evidence ...