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EU Slaps Meta With €798 Million Fine
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 slaps Meta with a nearly 800 million euro fine for engaging in ‘abusive’ Marketplace practices
European Union regulators hit Facebook parent Meta with a fine of nearly 800 million euros on Thursday for what it calls “abusive practices” involving its Marketplace online classified ads business.
EU fines Meta 797 mln euros over abusive practices benefiting Facebook Marketplace
The European Commission on Thursday fined Meta Platforms €797.72 million ($840.24 million) over abusive practices benefiting Facebook Marketplace, it said in a statement, confirming an earlier report by Reuters.
Computing
10h
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 ...
14h
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 ...
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