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EU Slaps Meta With €798 Million Fine
E.U. fines Meta $840 million for ‘abusive practices’ on Facebook Marketplace
European enforcers accused the tech giant of using its popular social network to unfairly advantage its classified-ads business.
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 $843M For Tying Marketplace to Facebook, Harming Competitors
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 Facebook gave the platform an unfair advantage over its European competitors.
Barron's
12h
EU Fines Meta $840 Million For 'Abusive' Facebook Ad Practices
The reality is that people use
Facebook
Marketplace
because they want to, not because they have to," the firm said in a ...
KSL
10h
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 ...
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