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EU Slaps Meta With €798 Million Fine
Meta Fined $840 Million in Europe for Boosting Marketplace Unfairly
Meta said it would appeal the decision by the European Union, which said the company had abused its dominance in social networking to strengthen its shopping and classified ads service.
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.
KSL
5h
EU slaps Meta with $841M fine for engaging in 'abusive' Marketplace practices
LONDON —
European
Union
regulators issued their first antitrust fine to Facebook parent
Meta
on Thursday with a penalty ...
Barron's
7h
EU Fines Meta $840 Million For 'Abusive' Facebook Ad Practices
Meta
must now stop this behaviour," the bloc's competition ... Among the 10 largest antitrust fines ever imposed by the ...
Channel NewsAsia Singapore
39m
EU fines Meta 797 million euros over abusive practices benefiting Facebook Marketplace
The
European
Union
opened formal proceedings into possible anticompetitive conduct of Facebook in June, 2021, and in ...
2d
Meta to offer Facebook and Instagram users in Europe less personalized ads after pressure from regulators
Data from all of a user's previous time spent on Facebook or Instagram, which is typically combined to precisely target an ...
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