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 ...
The European Commission recently fined Meta 798 million euros—about $841 million—for "tying" classified ads on Facebook ...
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 ...
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 ...
Meta, the parent of Facebook, Instagram, and WhatsApp, has been hit with yet another huge regulatory fine in Europe, this ...
European Commission fined Facebook-owner Meta Platforms over allegations it illegally tied its Marketplace classified ads ...
The EU fined online giant Meta almost 800 million euros on Thursday for breaching ... not because they have to," the firm ...
Launched in 2016, Facebook Marketplace enables users of Meta’s flagship social network to buy and sell goods. The European ...
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 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 ...